PPP projects are often not viable without some form of Government support, e.g. the provision of land, assets, subsidies, guarantees or other value, in particular when the central Government is not a party to the key project agreements, or the infrastructure service does not in and of itself generate sufficient revenues.5
Investors will need to know the forms Government support can take processes and criteria for approval of Government support, and whether Government support is binding on the Government, or is it voidable, e.g. where budget allocations are insufficient.
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5 See section 5 for further discussion of Government support.