Governments around the world have turned to public-private partnerships (PPPs) to design, finance, build, and operate infrastructure projects. While PPPs remain a small proportion of the procurement of infrastructure, they constitute an important channel to attract private sector financing into infrastructure projects. However, lack of government capabilities to prepare, procure, and manage such projects constitutes an important barrier to attracting private sector investments.
Procuring Infrastructure Public-Private Partnerships 2018 is designed to help governments improve their PPP regulatory quality. By benchmarking the regulatory frameworks of economies around the world against internationally recognized good practices in procuring PPPs, this assessment identifies areas for improvement in the preparation, procurement, and management of PPPs.
Building on the success of Benchmarking Public-Private Partnership Procurement 2017, this year's edition of the report significantly increases the geographical coverage from 82 to 135 economies. We have worked with a wide range of stakeholders to refine the methodology to more accurately portray PPP environments around the world.
Our hope is that this report will inform the policy debate and decision making and will help governments, the private sector, and the international development community better understand the current landscape of PPP regulations. We also hope that the key areas of improvement identified in this report will enlighten future sectoral reforms.
The African Legal Support Facility, the Australian Government Department of Foreign Affairs and Trade, the Global Infrastructure Hub (GI Hub), and the Public-Private Infrastructure Advisory Facility co-funded the report. The GI Hub team also provided technical support throughout the preparation of the report.
Laurence W. Carter
Senior Director
Infrastructure, PPPs and Guarantees Group