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Technical Coordination Committee: Key Achievements
By YE2021
• Saudi Development and Reconstruction Program for Yemen (SDRPY). ICD has been assigned, along with ITFC and ICIEC, to represent the IsDB Group for Track 5: Investing for sustainable development and empowering the private sector.
• Newly established Partnerships and MoUs. ICD initiated and signed multiple agreements with new partners in 2021. These include a Lines of Finance for Africa and Asia agreement with the CDC Group, UK, and an agreement with Malaysia EXIM Bank, Saudi EXIM BANK, and Trade Development Bank (TDB)
Number of deals shared between TCC Members
+35
Amount of total deals shared by TCC members
Number of Member Countries covered by TCC
+ USD 1.8 billion
on pipeline sharing and co-financing. ICD has also signed an agreement on communication and capacity building services with Islamic Markets Ltd and an agreement on Sukuk advisory with Infrastructure Guarantee Credit (InfraCredit) in Nigeria, Libyan Stock Market (LSM) and Azerbaijan Investment Holding (AIH). An MoU on joint PR and Media has also been signed with the Islamic Chamber of Commerce, Industry and Agriculture (ICCIA).
4.2 STRATEGIC CONSULTATIONS AND WORKSHOPS WITH DFIS, MDBS AND IFIS ON OPPORTUNITIES FOR ENHANCED COOPERATION
In 2021, ICD organized and participated in several partners’ consultations and workshops including the following:
Asian Infrastructure Investment Bank (AIIB) - In February 2021, ICD organized a workshop between ICD and AIIB where the
ICD Infrastructure Corporate Finance, Lines of Finance and Syndication Teams showcased their products to AIIB including Shari’ah compliant lines of finance, syndication structures and discussed areas of
By YE2021
19
Sukuk transactions jointly participated by TCC Members
(+USD 617 million) M8eetings organized
By YE2021
Number of TCC CEOs
9 deals
Number of TCC meetings organized
44 ICD ANNUAL REPORT 2021
47
future collaboration in common member countries.
By YE2021