The three sessions will highlight forging sustainable partnerships to promote trade and investment with a focus on the following:

• Promoting cross-border investment and trade among IsDB Member Countries to be supported by IsDB Group's offering
• Deployment of Insurance products and services in Member Countries
• Promoting ICIEC's role in the member countries and announcing new projects planned for 2023 and beyond
• Sharing an update on ICIEC's launched projecting and their impact on the member countries.
• Attracting foreign direct investment (FDI) to Member Countries and opening new markets for investors
• Focusing on key challenges for the year 2023 and outlining a preparedness plan
• To support our MCs to access global markets, the collective partnership between ICIEC and other MDBs, private and public financiers & insurers, and relevant stakeholders, will be looking at promoting the investment flows from both the public and private spheres.
• Highlighting key topical areas of agriculture & food security, climate change, green economy, innovation, and tourism.
• Enabling partnerships between public and private sector players to enhance sustainable trade and investment.

As part of the 2023 PSF Private Sector Forum, the IsDB Group Annual Meeting in conjunction with PSF across AM is hosting its PSF Startups Competition 2023 for Member countries (MC) Startups. The competition is targeted toward Digital SMEs and startups that are looking to facilitate the delivery of digital, cross-border, interoperable, and cross-domain services, and solutions, while also accelerating their digitally enabled growth. The Startups Competition will award innovators, entrepreneurs, and startups for developing solutions through products and services while creating a positive impact on Member countries. To Register, please visit: https://idea.untapcompete.com/

The main objective of this event is to share experiences, success stories & best practices in promoting Halal Industry and to discuss ways and means and innovative solutions to promote investment and intra-trade opportunities in Halal Sectors among the Member Countries (MCs) and at the Global level. The Halal Event is a component of the IsDB Group Private Sector Forum which will be organized on the sidelines of the 48th IsDB Annual Meeting to be held from 11 to 13 May 2023 and will be composed of three sessions (1) An Opening session which will include keynote statements from IsDB Management and High Level Officials and Decision Makers in Halal Industry in Member and Non Member Countries of IsDB, (2) A Panel Session on promotion of investments and intra-trade in Halal Industry which will discuss Challenges facing Intra-Trade of Halal products among IsDB Member Countries and Investment Opportunities in Halal Industry as well as Strategies and Policies for promoting Intra-Trade and Investment in Halal Sectors and (3) A panel session on Innovations in Halal Industry including Digital Transformation in Halal Manufacturing Processes, New Applications for Halal Verifications and New Technologies for Promoting Halal Products. The Panellists and Moderators are Eminent Experts, CEOs and High Level Representatives of OIC, Public and Private Institutions operating in the Halal Industry.

Countries can utilise the public-private partnership (PPP) model to execute large scale infrastructure projects that will reduce the financial burden on the governments to fund these projects, where the private sector brings in the financial and technical resources. The world needs a cleaner, more sustainable energy system. Private sector plays a very important role in green transition. It is not possible for the country to create a greener environment with the efforts of the public sector alone. The private sector is typically more efficient, more cost-effective and can deliver very innovative solutions, and is very uniquely positioned because it can accept investments commercially and upscale very, very quickly. On the other hand, the private sector cannot make green transition happen without the collaboration with the government. In short, we need a coalition of public and private sector actors, and PPPs offer a solution, with tremendous opportunities for PPPs in accelerating the green energy transition within IsDB’s member countries. The Islamic Development Bank (IsDB) is committed to supporting the participation of private sector investments in its member countries through PPP infrastructure project financing. To further discuss this, the Bank’s PPP Division is organising a side-event on “Transitioning Towards a Sustainable Future Through PPPs” to share the best practices implemented by governments, developers and DFIs in developing and implementing green energy infrastructure, while also shedding light on the bankability of new technologies to fast-track the clean energy agenda within the developing and emerging markets. The session aims to:

• Share lessons learned and best practices from implementation of PPPs in IsDB member countries
• Better understand the roles, responsibilities and expectations of governments, developers and development financing institutions for a successful PPP transaction
• Increase awareness about the bankability of new technological developments in energy sector to accelerate the transition towards green energy