“The Role of Multilateral Finance in Road Safety” Workshop in Brussels, Belgium

The International Motor Vehicle Inspection Committee (CITA) held a Workshop in Brussels for its members on the role of multilateral financial institutions in road safety.  As CITA considers how it can contribute to the UN’s Decade of Action for Road Safety its members gathered in Brussels to hear from representatives from the UN about its role in defining the road safety strategy in low- and medium-income countries, as well as representatives from the World Bank to discuss their activities in supporting the governments of developing countries to meet their road safety goals.  Officials from the European Commission were also in attendance to discuss how the EC is involved in road safety and the Spanish Traffic Directorate discussed their experience with a twinning project in Algeria.  The International Finance Corporation discussed its role as the agency of the World Bank supporting the private sector and the Multilateral Investment Guarantee Agency explained its role in providing insurance to private sector companies doing business in developing countries.  Mr. Spiros Voyadzis, the PFD Group’s CEO contributed to the Workshop by discussing the procurement process of the multilateral development banks (MDBs) and how to win contracts funded by these MDBs.