Infrastructure Public-Private Partnerships in Emerging Markets & Developing Economies 1991-2015
Governments have long acknowledged the key role infrastructure plays in economic growth and poverty reduction. As countries face growing demand for infrastructure, Public-Private Partnerships (PPPs) continue to play a crucial role in improving efficiencies in delivering public services, one of the key elements to narrowing the infrastructure gap. This becomes even more important as history shows that shifting the development, maintenance, and operational risk on to the private sector often results in higher quality and overall better results than government provisioning.
This report uses data from the PPI Database to analyze broad trends of PPP investment in infrastructure from 1991 to 2015. Specifically, it examines factors behind...
McKinsey & Company has conduced proprietary reserach in the areas of infrastructure financing, infrastructure implementation, logistics strategy and power strategy. This report is part of a four-part series, Building India, a comprehensive perspective on infrastructure developmetn in the country. It provides a perspective on the potential GDP loss due to inefficiencies in infrastructure implementation and the challenges that drive these inefficiencies, and proposes a set of measures that the various stakeholders can take.
The report reviews the international experience in developing capacities for PPPs, particularly on how capacities for identifying, procuring and managing PPPs are developed and could be further developed in India. A particular focus is the possible role of the central government in developing these capacities. The report looks at both organizational and individual capacities, the former including policy and legal frameworks, and institutions and processes. This report focuses on projects where private investment has been made, and where the government is either the purchaser of services under the project, or where it provides a financial contribution through direct investment or through risk bearing. The main sectors of focus are...
This volume responds to the need for evolving a model document that reflects best practices, particularly from the perspective of public policy on the one hand and bankability of projects on the other hand. Besides all the advantages associated with such a document, this would also enhance the possibilities of securing up to 20 per cent of the capital costs by way of viability gap grants from the Central Government coupled with long-term debt from the India Infrastructure Finance Company (IIFC) for funding up to 20 per cent of the project costs.