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May 9, 2009

States need a formal PPP framework

Governments the world over are increasingly encouraging public-private partnerships (PPPs) to provide infrastructure services that were once exclusively delivered by the public sector. Various multilateral development agencies have emphasised the criticality of a robust framework for the PPP initiative.

Formulating a policy framework that goes on to create an enabling environment while establishing transparent management, financial, and administrative mechanisms is crucial in removing ambiguities and uncertainties about the government’s intention regarding the PPP initiative. A clear policy framework is crucial for mainstreaming PPP programmes to make them acceptable across various arms of the government.

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Posted by boyang at May 9, 2009 8:20 PM