Private Sector Investment in Infrastructure, now in its fourth edition, is a practical, hands-on book elucidating how the private sector (through – Public-Private Partnerships (PPPs)) can furnish more efficient procurement, cheaper, faster, and better quality; refocus infrastructure services on service delivery, consumer satisfaction and life-cycle maintenance; and provide new sources of innovation, technological advances and investment, including through limited recourse debt (i.e., project financing).
PPPs are part of a fundamental, global shift in the role of the government – from being the direct provider of public services to becoming the planner, facilitator, contract manager and/or regulator who ensures that local services are available, reliable, meet essential quality standards, and are affordable for users and the economy.
The past five years have posed some new severe challenges, a global pandemic, debt crises, and a global economic crisis. While the responses to these challenges are complex, the fundamentals remain unchanged. Infrastructure supports economic growth, creates jobs and improves livelihoods. Private investment in infrastructure is critical now more than ever, in the face of stiff competition from alternative uses of public funds.
What’s in this book:
This book provides a practical guide to PPP, including:
how governments can enable, encourage and manage PPP;
financing of new and existing infrastructure;
designing and implementing PPP contractual structures; and
most importantly, how to balance PPP risk allocation in practice.
Specific discussion of each infrastructure sector, including local government, provides the reader with detailed context.
How this will help you:
This book is an invaluable guide to lawyers and business people, engineers, development specialists, banking professionals, and academics for planning, designing and implementing PPP projects and programmes.
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