Realizing the Potential of Public–Private Partnerships to Advance Asia's Infrastructure Development

Realizing the Potential of Public–Private Partnerships to Advance Asia's Infrastructure Development
Author: Akash Deep
Publisher: Asian Development Bank
Total Pages: 341
Release: 2019-01-01
Genre: Business & Economics
ISBN: 9292614193

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This publication highlights how public–private partnerships (PPPs) can be effective to meet Asia's growing infrastructure needs. It shows how governments and their development partners can use PPPs to promote more inclusive and sustainable growth. The study finds that successful PPP projects are predicated on well-designed contracts, a stable economy, good governance and sound regulations, and a high level of institutional capacity to handle PPPs. It is the result of a collaboration between the Asian Development Bank, the Korea Development Institute, and other experts that supported the theme chapter "Sustaining Development through Public–Private Partnership" of the Asian Development Outlook 2017 Update.

Mastering the Risky Business of Public-Private Partnerships in Infrastructure

Mastering the Risky Business of Public-Private Partnerships in Infrastructure
Author: Manal Fouad
Publisher: International Monetary Fund
Total Pages: 61
Release: 2021-05-10
Genre: Business & Economics
ISBN: 1513576569

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Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.

Public-Private Partnerships in Urbanization in the People's Republic of China

Public-Private Partnerships in Urbanization in the People's Republic of China
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 166
Release: 2014-09-01
Genre: Business & Economics
ISBN: 9292546112

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This report summarizes the proceedings of the Public-Private Partnerships (PPP) in Urbanization workshop held in Beijing on 22-23 August 2013. Some 200 participants from the central government, 35 local governments, financiers, private service providers, academic and research institutions, and development partners joined the workshop to share their knowledge and good practice approaches to PPPs in the People's Republic of China and other countries.

Value for Money in Public–Private Partnerships

Value for Money in Public–Private Partnerships
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 537
Release: 2022-03-01
Genre: Business & Economics
ISBN: 929269362X

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This technical note explains why countries should cement strong public private partnerships (PPP) to help bridge deep funding gaps and build the climate-resilient infrastructure they need. It analyzes how the pandemic and government worries over value for money have combined with business’ concerns over investment risk to dampen regional PPP deals. Providing a checklist for countries to rate potential PPP projects, it explains why robust governance and strategic planning is critical to the success of public-private partnerships. It underscores that embracing the private sector is crucial for countries to build sustainable infrastructure that can boost jobs, stimulate growth, and support an inclusive recovery.

Deriving Macroeconomic Benefits from Public-Private Partnerships in Developing Asia

Deriving Macroeconomic Benefits from Public-Private Partnerships in Developing Asia
Author: Minsoo Lee
Publisher:
Total Pages: 30
Release: 2019
Genre:
ISBN:

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The provision of infrastructure and related services in developing Asia via public-private partnership (PPP) increased rapidly during the late 1990s. Theoretical arguments support the potential economic benefits of PPPs, but empirical evidence is thin. This paper develops a framework identifying channels through which economic gains can be derived from PPP arrangement. The framework helps derive an empirically tractable specification that examines how PPPs affect the aggregate economy. Empirical results suggest that increasing the ratio of PPP investment to GDP improves access to and quality of infrastructure services, and economic growth will potentially be higher. But this optimism is conditional, especially on the region's efforts to further upgrade its technical and institutional capacity to handle complex PPP contracts.

Achieving the Sustainable Development Goals Through Infrastructure Development

Achieving the Sustainable Development Goals Through Infrastructure Development
Author: Popescu, Cristina Raluca Gh.
Publisher: IGI Global
Total Pages: 323
Release: 2023-10-11
Genre: Business & Economics
ISBN:

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Infrastructure development presents significant challenges for both developing and developed countries, hindering their progress in achieving the Sustainable Development Goals (SDGs). Governments often struggle to effectively leverage the necessary resources and expertise for financing and managing infrastructure projects, resulting in untapped potential for sustainable and inclusive development. Achieving the Sustainable Development Goals Through Infrastructure Development, edited by Cristina Raluca Gh. Popescu, Poshan Yu, and Yue Wei, offers a comprehensive guide to address these challenges. Focusing on public-private partnerships (PPPs) as a transformative solution, the book equips policymakers, investors, practitioners, and researchers with the essential knowledge and tools needed to navigate the complexities of infrastructure development and leverage the expertise and resources of the private sector. By showcasing successful case studies, analyzing critical success factors, and providing valuable insights into the implementation of PPPs in both developing and developed countries, this book becomes an indispensable resource for driving progress towards the SDGs. Covering crucial topics such as financing, risk management, legal frameworks, and sustainability considerations, it empowers readers to make informed decisions and foster collaborative partnerships between the public and private sectors. Through its comprehensive roadmap, this book enables stakeholders to unlock the full potential of sustainable and inclusive infrastructure development, paving the way for a prosperous future for all.

The Role and Impact of Public-private Partnerships in Education

The Role and Impact of Public-private Partnerships in Education
Author: Harry Anthony Patrinos
Publisher: World Bank Publications
Total Pages: 116
Release: 2009-01-01
Genre: Education
ISBN: 0821379038

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The book offers an overview of international examples, studies, and guidelines on how to create successful partnerships in education. PPPs can facilitate service delivery and lead to additional financing for the education sector as well as expanding equitable access and improving learning outcomes.

PUBLIC–PRIVATE PARTNERSHIPS for INFRASTRUCTURE DEVELOPMENT

PUBLIC–PRIVATE PARTNERSHIPS for INFRASTRUCTURE DEVELOPMENT
Author: Suliman Al Khliwi & Mohammad Fahad Aijaz
Publisher: Suliman Al Khliwi & Mohammad Fahad Aijaz
Total Pages: 115
Release:
Genre: Business & Economics
ISBN: 6030340603

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Infrastructure development has always been one of the fundamental measures of a country’s progress and development. In the past, infrastructure development was mostly implemented by public sector using its own resources and acting as the main financier and owner of such infrastructure projects to meet the needs of growing economies. As the population of the world kept increasing at enormous rates and due to competitive landscape between global economies, the need for infrastructure development kept pacing up exponentially. As countries tend to have limited financial resources when it comes to cover all the needs, generally the countries tends to focus on certain sectors of economy to be owned and developed by the public sector where as private sector participation becomes a necessity in other sectors of economies that needs financing over the limited public resources. To resolve the financial constraints faced by public sector in developing infrastructure, more and more countries are moving towards private sector participation to have such projects financed and implemented through Public-Private Partnerships (PPPs). PPPs, if structured and delivered in the most optimal manner, are known to also result in increased quality of service delivery and a lower NPV of costs associated with such infrastructure project when compared to public sector implementation. PPPs are complexed structured and comes in many forms. This book covers different form of private public partnerships and relevant pros and cons of each such form. Towards the end, the book focuses on project finance structure which is usually structured as build-own-operate and/or transfer basis and is required for large scale infrastructure projects and the author’s core experience is delivery of infrastructure on these type of PPP structure. There are several PPP guides available in the market, however, we, have tried our best in this book to summarize the learnings from our experiences. This book can be considered the first book to be written on PPPs focusing on the Kingdom of Saudi Arabia commercial requirements and risk allocation framework and incorporates knowledge of the wider GCC region. Lessons learned to make a PPP project successful are provided towards end of the book.

Exploring Public-Private Partnerships in Singapore

Exploring Public-Private Partnerships in Singapore
Author: Soojin Kim
Publisher: Routledge
Total Pages: 85
Release: 2019-11-26
Genre: Business & Economics
ISBN: 1000769186

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This book looks at what drives effective management of public-private partnerships (PPPs). It examines widely cited Singaporean cases pertaining to successful PPPs as well as those in failure (and subsequently contracted back in the public-sector provision) in diverse areas of public service, such as water services, educational services, trade and logistical data services, residential services, acquisition and maintenance of military systems, research and development services, infrastructure, and sport services. The book begins each case with an overview (e.g., project goals (motivators), types of PPPs, stakeholders, time period, assigned budget, and capital planning) and then specifically discusses critical success factors and/or risk factors pertaining to the decisions to proceed with ongoing PPPs or to return to self-operation (in-house public production) of services later, respectively. The book concludes with a discussion of lessons learned from Singaporean cases and contexts of PPPs and suggests more feasible strategies and conditions toward successful collaborative governance between public agencies and private counterparts for the new century. This book will appeal especially to public policymakers.