Source: Hemscott

MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said a global survey to gauge the risks associated with public-private partnership (PPP) projects has revealed that the public sector is a key source of risk during the construction phase.

The survey also revealed that there is only a weak correlation, if any, between construction risk and project type.

'The most frequently reported causes of PPP construction distress in the survey were associated with the public sector itself,' S&P analyst Robert Bain said.

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Posted by pichu at April 13, 2007 9:46 AM