Public/Private Sector Partnership in infrastructure Projects
Public-Private Partnerships have become a popular mechanism in both developed and emerging countries for delivering infrastructure services. Done right, they can merge the public sector’s authority and accountability with the private sector’s dynamism, flexibility, and resources. Done wrong, they can imperil both efficiency and accountability. When can development and management by Public-Private Partnerships (PPPs) be a solution? The key is designing partnerships to fit their context and policy goals, financing and regulating them to be viable and fair, and managing them to be efficient and politically sustainable.
Public-Private Partnerships for Infrastructure is developed for senior decisionmakers who want to get infrastructure PPPs right, gives participants a deep dive into the challenges and opportunities of collaboration across sectors. The program draws upon case studies of partnerships in physical infrastructure projects along with key lessons learned from partnerships in other policy arenas including healthcare, education, and housing, more commonly known as social infrastructure.
Course Objectives
- An appreciation of the essential strengths and weaknesses of PPPs
- Analytical frameworks for assessing the suitability of partnerships across different purposes and in diverse settings
- An understanding of the incentives and constraints of the public and private sectors in infrastructure development
- Tools for ensuring the financial and political sustainability of PPPs
- Prerequisites and benefits of attracting private investment into infrastructure
- Confidence in choosing and using regulatory mechanisms to align public value and private incentives