42. The Conference had before it the draft Seoul declaration on public-private partnerships for infrastructure development in Asia and the Pacific.
43. The Conference was pleased to note that the draft declaration had been developed by the Government of the Republic of Korea in cooperation with the ESCAP secretariat. It was circulated and reviewed by member States of ESCAP and extensively discussed at the High-Level Expert Group Meeting on Public-Private Partnerships for Infrastructure Development, held in Seoul from 2 to 4 October 2007.
44. The Conference held the view that the draft declaration provided a clear framework for promoting regional cooperation in support of socio-economic development in the region and thereby meeting the growing challenges of globalization and achieving the Millennium Development Goals.
45. The Conference adopted by acclamation the Seoul Declaration on Public-Private Partnerships for Infrastructure Development in Asia and the Pacific. The text of the Declaration is presented as annex I to this present report.