eBook

How to engage with the private sector in public-private partnerships in emerging markets

Encinas, Javier, Yescombe, E. R., Farquharson, Edward, Torres de Mästle, Clemencia

2011,2009

Overview

What transforms a desirable project on a government wish list to an attractive investment opportunity in the eyes of a potential private sector partner? This guide seeks to enhance the chances of developing effective partnerships between the public and the private sectors by addressing one of the main obstacles to the effective delivery of public-private partnership (PPP) projects: having the right information on the right project for the right partners at the right time. Data from the World Bank and the Public-Private Infrastructure Advisory Facility (PPIAF) private participation in infrastructure (PPI) project database indicate that private sector investment in infrastructure in developing economies grew steadily over the past decade. By 2007 the levels had finally surpassed the peak levels seen in 1997, the end of the previous growth spurt. This guide focuses specifically on what should be done, and when, in order to prepare projects to attract the right long-term private partners, procure their involvement, and manage the partnership. This guide is not a detailed project preparation manual; rather, it seeks to provide an overview of the process and what is involved so that greater realism can be applied to this challenging task and adequate resource plans can be developed.

• Publisher: World Bank,World Bank Publications,The World Bank
• Subject: ACCOUNTABILITY / ACCOUNTING / AUTONOMY / BID / BIDDING / BIDS / BORROWER / BOT / BUDGETING / CAPITAL COSTS / CAPITAL INVESTMENT / CAPITAL VALUE / COLLABORATION / COMPANY / COMPUTER SYSTEMS / CONCESSION AGREEMENT / CONFLICTS OF INTEREST / CONSUMER PRICE INDEX / CONTRACT DISPUTES / CONTRACT MONITORING / CONTRACT PERIOD / CONTRACTORS / CONTRACTUAL FRAMEWORK / CONTRACTUAL RELATIONSHIP / CONTRACTUAL RELATIONSHIPS / CORPORATE FINANCE / CORPORATION / COST-BENEFIT / COSTS OF SERVICE / CREDIBILITY / CREDIT AVAILABILITY / CREDIT FLOWS / CROSS-SUBSIDIES / CROSS-SUBSIDIZATION / DEBT / DECISION MAKING / DELIVERY OF SERVICES / DEVELOPING COUNTRIES / DEVELOPMENT BANK / DEVELOPMENT FINANCE / DISCOUNT RATE / DOMESTIC MARKETS / DUE DILIGENCE / ELECTRICITY / ELECTRICITY SERVICES / ELECTRIFICATION / EMERGING ECONOMIES / EMERGING MARKETS / EQUITY INVESTMENT / EQUITY INVESTORS / EXPANSION / Finance / FINANCIAL MANAGEMENT / FIRMS / FOREIGN INVESTORS / GOVERNMENT BORROWING / GOVERNMENT POLICIES / GOVERNMENT SUPPORT / HEALTH CARE / HUMAN RESOURCE / INDEPENDENT REGULATOR / INFORMATION TECHNOLOGY / Infrastructure (Economics) / Infrastructure (Economics) -- Finance / INFRASTRUCTURE FINANCE / INFRASTRUCTURE INVESTMENT / INFRASTRUCTURE PROJECT / INNOVATIONS / INSTITUTIONAL CAPACITY / INTERNATIONAL BANK / INTERNATIONAL CREDIT / INTERNATIONAL FINANCE / INTERNATIONAL MARKETS / INVESTING / INVESTMENT BANK / INVESTMENT BEHAVIOR / INVESTMENT DECISION / INVESTMENT OPPORTUNITY / INVESTMENT PROJECTS / LACK OF TRANSPARENCY / LAWS / LEASING / LEGAL FRAMEWORK / LEGAL REFORM / LEGAL SYSTEM / LEGAL TRADITIONS / LEGISLATION / LEGISLATIVE FRAMEWORK / LENDER / LENDERS / LICENSES / LOCAL GOVERNMENT / LONG-TERM CONCESSIONS / MATURITY / MODEL CONTRACT / MODEL CONTRACTS / MUNICIPAL AUTHORITIES / MUNICIPAL GOVERNMENT / OPERATIONAL RISKS / PAYMENT OBLIGATIONS / PENALTIES / PENSION / PENSION FUND / PERFORMANCE RISK / PORTS / POTENTIAL INVESTORS / PPPS / PRICE OF WATER / PRIVATE CAPITAL / PRIVATE EQUITY / PRIVATE FINANCE / PRIVATE FINANCING / PRIVATE INFRASTRUCTURE / PRIVATE INVESTMENT / PRIVATE INVESTORS / PRIVATE PARTIES / PRIVATE PARTNER / PRIVATE PARTNERSHIP / PRIVATE PARTY / PRIVATE SECTOR / PRIVATE SECTOR COOPERATION / PRIVATE SECTOR DEVELOPMENT / PRIVATE SECTOR FINANCE / PRIVATE SECTOR INVESTMENT / PRIVATE SECTOR INVESTMENT IN INFRASTRUCTURE / PRIVATE SECTOR INVOLVEMENT / PRIVATE SECTOR PARTICIPATION / PRIVATE SECTOR PARTNERS / PRIVATE SECTOR PARTY / PRIVATE SECTOR RESOURCES / PRIVATIZATION / PRODUCTIVITY / PROGRAMS / PROJECT SPONSORS / PROVISION OF SERVICES / PROVISION OF WATER / PROVISIONS / PUBLIC / Public economics / PUBLIC FINANCE / PUBLIC FINANCE MANAGEMENT / PUBLIC INFRASTRUCTURE / PUBLIC INVESTMENT / PUBLIC POLICY / PUBLIC PROCUREMENT / PUBLIC RESOURCES / PUBLIC SECTOR / PUBLIC SECTOR MANAGEMENT / PUBLIC SECTOR OFFICIALS / PUBLIC SERVICE / PUBLIC SERVICE DELIVERY / PUBLIC SERVICES / PUBLIC WORKS / Public works -- Finance / Public-private partnership / PUBLIC-PRIVATE PARTNERSHIPS / Public-private sector cooperation / REALISM / REGULATORY FRAMEWORK / REGULATORY FRAMEWORKS / RETURN / RETURNS / RISK MANAGEMENT / ROADS / SERVICE PROVIDERS / SERVICE PROVISION / SHAREHOLDERS / SHARES OF INVESTMENT / STATUTORY REQUIREMENTS / STRUCTURAL PROBLEMS / STRUCTURE OF GOVERNMENT / SUBSIDIARY / SUPPLIERS / TARIFF REFORM / TARIFF STRUCTURE / TAX / TELECOMMUNICATIONS / TRAINING PROGRAMS / TRANSACTION / TRANSACTION COSTS / TRANSPARENCY / TRANSPORT / TRANSPORT INFRASTRUCTURE / TREASURY / TURNOVER / UNDERLYING ASSET / URBAN WATER / URBAN WATER UTILITIES / USER CHARGES / UTILITIES / UTILITY COMPANY / VALUE ADDED TAXES / WATER BUSINESS / WATER SECTOR / WATER SERVICES / WITHHOLDING TAX
• ISBN: 0821378635, 9780821378632, 9780821385524, 0821385526