Special Evaluation Study on ADB Assistance for Public-Private Partnerships in Infrastructure Development - http://www.adb.org/Documents/SES/REG/SES-OTH-2009-31/default.asp
Some highlights include (extract) from ADB web site-
• This first evaluation study on ADB assistance to public-private partnerships (PPPs) in infrastructure development covers two decades .
• The study evaluates the performance of ADB's public and private sector operations in support of PPPs1 in the power, transport, and water sectors;
• The development of related policy, legal, regulatory, and institutional frameworks.
• ADB assisted PPPs through 38 loan projects supporting
• Overall Assessments
• Findings & main lessons
• PPPs are not a universal solution to underlying sector investment and performance problems.
• The respective costs and benefits associated with traditional public sector procurement and the use of PPP modalities have to be clearly established through public comparator analysis and value for money analysis.
• PPP development requires sustained policy dialogue and support for the development of suitable legal, regulatory, and institutional frameworks and assistance in the development of PPP pathfinder projects.
• Private sector participation is not a substitute for reform or government effort.
The report is well worth reading, points pro and anti - not that we will agree with all.......
PSI Asia Pacific - Utilities - Electricity - Water & Local Government Network Bulletin Blog - The below items are published as an internal PSI Bulletin monthly or you can follow by each post by e-mail.
