Public-Private Partnership Projects in Infrastructure

An Essential Guide for Policy Makers

by Jeffrey Delmon

Investment in infrastructure is critical to economic growth, quality of life, poverty reduction, access to education, healthcare, and achieving many of the goals of a robust economy. But infrastructure is difficult for the public sector to get right. Public-private partnerships (PPPs) can help; they provide more efficient procurement, focus on consumer satisfaction and life cycle maintenance, and provide new sources of investment, in particular through limited recourse debt. But PPPs present challenges of their own. This book provides a practical guide to PPPs for policy makers and strategists, showing how governments can enable and encourage PPPs, providing a step-by-step analysis of the development of PPP projects, and explaining how PPP financing works, what PPP contractual structures look like, and how PPP risk allocation works in practice. It includes specific discussion of each infrastructure sector, with a focus on the strategic and policy issues essential for successful development of infrastructure through PPPs.

  • Cambridge University Press; December 2010
  • ISBN: 9780511855801
  • Read online, or download in secure PDF or secure ePub format
  • Title: Public-Private Partnership Projects in Infrastructure
  • Author: Jeffrey Delmon
  • Imprint: Cambridge University Press

In The Press

'In the wake of the financial crisis, governments are increasingly looking to the private sector to help deliver infrastructure services. Attracting this kind of investment requires a clear policy shift for many governments in emerging markets, often with the close support of the World Bank and other development partners. This book is a vital resource for those governments, their advisers, and investors alike.' Inger Andersen, Director, Sustainable Development Department, World Bank