The Project Preparation and Implementation Support Trust Fund or PPISTF is a single-donor trust fund that provides technical assistance grants for project preparation to nonsovereign and sovereign operations. The fund helps build a pipeline of well-prepared, technically sound investment projects and achieve full and timely project results for intended beneficiaries. It supports project readiness activities aimed to improve project preparation, including design and procurement readiness; helps developing member countries build a pipeline of well-prepared and technically and financially sound projects; and reduces start-up and implementation delays so that expected results are fully achieved on time.
The PPISTF was launched in June 2022 in Vienna, Austria. The OPEC Fund for International Development committed $3 million to the PPISTF.