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Public–Private Partnership Monitor: Papua New Guinea

Public–Private Partnership Monitor: Papua New Guinea
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 211
Release: 2020-12-01
Genre: Business & Economics
ISBN: 9292621130

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The public-private partnership (PPP) market in Papua New Guinea is at a nascent stage having witnessed only six financially closed PPPs with an investment of $433 million, predominantly in the energy sector. The very few PPPs in the country stem from the lack of a robust PPP enabling framework, limited public sector capacities to design and manage PPPs, and constrained ability of the government to fund infrastructure development. Realizing the critical role of PPPs in helping achieve the country’s infrastructure investment target, the government is now implementing the PPP Act of 2014 and setting up PPP-enabling institutions.


Public-Private Partnership Monitor: Papua New Guinea

Public-Private Partnership Monitor: Papua New Guinea
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 170
Release: 2021-03-22
Genre: Business & Economics
ISBN: 9789292621124

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This publication provides an overview of the public-private partnership (PPP) market in Papua New Guinea. It explores the PPP Act implementation in line with financing and investment opportunities in the country. Papua New Guinea has witnessed six financially closed projects with an investment of $433 million and predominantly in the energy sector. The lack of a robust enabling framework along with limited public sector capacities and funding need to be addressed. The government is implementing the PPP Act of 2014 and setting up enabling institutions to increase financing and investment opportunities considering the critical role of PPPs in helping achieve the country's infrastructure investment target.


Public–Private Partnership Monitor

Public–Private Partnership Monitor
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 231
Release: 2021-07-01
Genre: Political Science
ISBN: 9292629417

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The Government of Pakistan strongly supports public–private partnership (PPP) initiatives. From 1990 to 2019, Pakistan witnessed 108 financially closed PPP projects, with a total investment of approximately $28.4 billion. About 88% of these projects are in the energy sector, attracting more than $24.7billion, followed by investments in the port sector. In early 2021, Parliament approved the amendments to the 2017 PPP Law, enacting the Public Private Partnership Authority (Amendment) Act 2021. This further strengthens the enabling legal and regulatory framework for developing and implementing PPPs, thereby promoting private sector investment in public infrastructure and related services.


Public–Private Partnership Monitor

Public–Private Partnership Monitor
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 458
Release: 2017-11-01
Genre: Business & Economics
ISBN: 9292610171

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The first edition of the Public–Private Partnership (PPP) Monitor tracks the development of the PPP business environment as well as the challenges of doing PPPs in nine of the developing member countries (DMCs) of the Asian Development Bank (ADB): Bangladesh, the People's Republic of China, India, Indonesia, Kazakhstan, Papua New Guinea, the Philippines, Thailand, and Viet Nam. It is divided into four main categories: Regulatory Framework, Institutional Capacity for Implementation, PPP Market Maturity, and Financial Facilities. The PPP Monitor aims to increase the level and quality of private sector participation in infrastructure in the ADB's DMCs by serving as an active platform for dialogue between the public and private sectors.


Mastering the Risky Business of Public-Private Partnerships in Infrastructure

Mastering the Risky Business of Public-Private Partnerships in Infrastructure
Author: Manal Fouad
Publisher: International Monetary Fund
Total Pages: 61
Release: 2021-05-10
Genre: Business & Economics
ISBN: 1513576569

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Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.


Public-Private Partnership Monitor (Second Edition)

Public-Private Partnership Monitor (Second Edition)
Author: Asian Development Bank
Publisher:
Total Pages: 912
Release: 2019-05
Genre: Business & Economics
ISBN: 9789292616007

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This publication presents information on the status of the public-private partnership (PPP) environment in 12 ADB member countries. The countries covered include Bangladesh, Georgia, India, Indonesia, Kazakhstan, Pakistan, Papua New Guinea, the People's Republic of China, the Philippines, Sri Lanka, Thailand, and Viet Nam. About 200 quantitative and qualitative indicators were assessed, divided into four main categories: Regulatory Framework, Institutional Capacity for Implementation, PPP Market Maturity, and Financial Facilities. The Public-Private Partnership Monitor aims to act as a policy tool to create a dialogue between the public and private sectors, and provide an enabling environment for PPPs.


Realizing the Potential of Public–Private Partnerships to Advance Asia's Infrastructure Development

Realizing the Potential of Public–Private Partnerships to Advance Asia's Infrastructure Development
Author: Akash Deep
Publisher: Asian Development Bank
Total Pages: 341
Release: 2019-01-01
Genre: Business & Economics
ISBN: 9292614193

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This publication highlights how public–private partnerships (PPPs) can be effective to meet Asia's growing infrastructure needs. It shows how governments and their development partners can use PPPs to promote more inclusive and sustainable growth. The study finds that successful PPP projects are predicated on well-designed contracts, a stable economy, good governance and sound regulations, and a high level of institutional capacity to handle PPPs. It is the result of a collaboration between the Asian Development Bank, the Korea Development Institute, and other experts that supported the theme chapter "Sustaining Development through Public–Private Partnership" of the Asian Development Outlook 2017 Update.


International Handbook on Public-Private Partnership

International Handbook on Public-Private Partnership
Author: Graeme A. Hodge
Publisher: Edward Elgar Publishing
Total Pages: 656
Release: 2010-11-30
Genre: Business & Economics
ISBN: 1849804699

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Public Private Partnerships (PPPs) promise much and present an exciting policy option. Yet as this Handbook reveals there is still much debate about the meaning of partnership, and the degree to which potential advantages are in fact being delivered. In this timely Handbook, leading scholars from around the world explore the challenges presented by infrastructure PPPs, and contemplate what lies ahead as governments balance the need to provide innovative new infrastructure against the requirement for good public governance. This Handbook builds on a range of exciting theoretical lenses that span several disciplinary boundaries. It presents innovative insights and informed perspectives from an international base of empirical evidence. This essential Handbook will prove an invaluable reference work for academics, advanced post-graduate students and commentators of PPPs, as well as professionals, infrastructure regulators and government policy advisors.


Papua New Guinea: Critical Development Constraints

Papua New Guinea: Critical Development Constraints
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 239
Release: 2012-04-01
Genre: Business & Economics
ISBN: 9290925825

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Papua New Guinea's economic growth has outpaced the majority of economies in Southeast Asia and the Pacific since 2007. Its development challenges, however, remain daunting, and it lags behind other countries in the region in terms of per capita income and achievement of the Millennium Development Goals. This raises the question of how the country can make its economic growth high, sustained, inclusive, and broad-based to more effectively improve its population's welfare. This report identifies the critical constraints to these objectives and discusses policy options to help overcome such constraints.