COUNTRY COMMITMENT

Confirm that infrastructure development needs to be given high priority in our national development agendas,

Agree that PPP is an effective means to complement the efforts of governments in the development and provision of infrastructure facilities and services,

Declare our commitment to the promotion of PPPs in infrastructure development in our countries,

Resolve that our respective governments will develop and implement policies at the regional, subregional, national and sub-national levels in line with the above-mentioned principles of good governance,

Invite countries to review and assess their:

(a)  Public-Private Partnership, sectoral and other relevant policy frameworks and action plans for infrastructure development;

(b)  PPP-Readiness to identify the key issues that governments need to address in order to promote PPPs in infrastructure development;

(c)  Processes and procedures for implementing PPPs, including effective management over their whole life cycle;

(d)  Legislative, regulatory and institutional environment for PPPs at the general and sectoral levels that may impede effective PPPs; and

(e)  Capacity to implement PPPs and evaluate their impact on development,

Encourage countries to actively engage in regional cooperation initiatives including:

(a)  Participation in regional networking arrangements;

(b)  Development and delivery of educational and training programmes;

(c)  Development and sharing of databases on PPP projects, statistics, laws, guidelines, model agreements, etc;

(d)  Standardization of terminology, contracts, processes and procedures; and

(e)  Provision of technical assistance,

Request bilateral donors; United Nations secretariat, bodies and specialized agencies; international financial institutions and other organizations to support the implementation of this Declaration, including providing technical assistance and sharing experience,

Welcome the offer of the Government of Indonesia to host the next biennial Ministerial Meeting on Public-Private Partnerships for Infrastructure Development in Asia and the Pacific.

Seoul, 5 October 2007