Investment in infrastructure is critical to economic growth, quality of life, poverty reduction, access to education, good quality healthcare and achieving many of the goals of a robust and dynamic economy. But infrastructure is difficult for the public sector to get right. The private sector (through public-private-participation - PPP) can help; ; - it can provide more efficient procurement (cheaper, faster and better quality),
- refocus infrastructure services on consumer satisfaction and life cycle maintenance,
- place the financial burden of providing infrastructure on consumers rather than taxpayers and
- provide new sources of investment, in particular through limited recourse debt (aka project financing).
Private Sector Investment in Infrastructure, Project Finance, PPP Projects and Risk 2nd edition provides a practical guide to PPP and includes: ; - how governments can enable and encourage PPP,
- how PPP financing works,
- what PPP contractual structures look like and most importantly,
- how PPP risk allocation works in practice, including specific discussion of each infrastructure sector.
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