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« Investors warm to infrastructure | Main | Australia: Major projects fail to harness precious resource » September 29, 2006Don't abandon PPP model - investment bank
Source: Creamer Media's Engineering News Online, South African Industry News Certain infrastructure and development projects are experiencing delays owingto what appears to be conflictingpublic-sector opinions regarding theefficiency of public–private partnerships(PPP) as funding mechanisms, says Investec project and infrastructure finance's Fiks Dlamini. "It appears that, while National Treasuryis in favour of PPPs, several governmentdepartments are not fully on board." "While the principle of PPPs is embraced,it is often difficult to administer." As a participant in several PPPs, Investec believes that the approach represents a way forward to government in terms of attracting private-sector innovations in government infrastructure roll-out and can deliver projectson time and on budget. Posted by pichu at September 29, 2006 8:40 AM |
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