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« Investors warm to infrastructure | Main | Australia: Major projects fail to harness precious resource »

September 29, 2006

Don'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.

Full Story...

Posted by pichu at September 29, 2006 8:40 AM