Suchergebnisse

Intro -- Contents -- Abbreviations -- Acknowledgments -- Executive Summary -- PART 1. INFRASTRUCTURE INVESTMENT CHALLENGES IN MEXICO -- 1. Main Issues and Challenges -- Part 2. Sector Reviews -- 2. Telecommunications -- 3. Natural Gas -- 4. Urban Water Supply and Sanitation -- 5. Toll Roads -- 6. Railroads -- 7. Ports -- 8. Civil Aviation -- 9. Airports -- 10. Multimodality and Commercial Transport -- PART 3. POLICY RECOMMENDATIONS -- 11. Proposed Action Program -- TABLES -- FIGURES -- BOXES.

Intro -- Contents -- Preface -- Abbreviations and Acronyms -- Executive Summary -- The Context for Reform -- Infrastructure Reform in Rwanda -- The Country Framework Report -- Summary of the Sector Reviews -- Cross-Cutting Issues -- Prioritized Recommendations -- 1. Introduction: Policies, Objectives, and the Role of the Private Sector -- Background -- Objectives and Scope of the Country Framework Report -- Principles of Private Sector Participation -- 2. The Transport Sector -- Roads -- Airports -- Rail -- Water Transport -- Notes -- 3. The Energy Sector -- Sector Structure, Roles, and Responsibilities -- Policymaking, Planning, and Regulation -- Electricity -- The Gas Sector -- Investment Needs and Priorities -- Potential Sources of Investment Financing -- Opportunities for Private Sector Participation -- Issues -- Recommendations -- Notes -- 4. The Water and Sanitation Sector -- Sector Structure, Roles, and Responsibilities -- Policymaking, Planning, and Regulation -- Sector Performance -- Opportunities for Private Sector Participation -- Issues -- Recommendations -- Note -- 5. Common Issues in the Electricity and Water Sectors -- Management and Human Resources -- Commercial and Financial Management -- Management Contract -- Recommendations -- 6. The Telecommunications Sector -- Sector Structure, Roles, and Responsibilities -- Policymaking, Planning, and Regulation -- Sector Performance -- Opportunities for Private Sector Participation -- Issues -- Recommendations -- Note -- 7. Cross-Cutting Issues -- Institutional Capacity -- Local Financial Markets -- Regulation -- Accounting System -- Taxation System -- Legal System -- Bid Evaluation Process -- Project Selection, Prioritization, and Planning -- Government Policy Communication with the General Public -- Environmental Issues -- Other Cross-Cutting Issues.

There is increasing interest in the use of public-private partnerships in emerging markets. But what does this actually require governments to do if they are to establish successful long term partnerships with private partners and ensure that public partner has the right information, on the right projects, for the right partners at the right time.? This book takes the reader through the steps in the life of a PPP to provide a realistic overview of what is required successfully to engage and manage such a partnership from the early stages. Drawing on experience from both mature and developing PPP markets across the world, the book assesses the policies, processes and institutions that are needed to select the right projects and manage the preparation of projects for market and their subsequent operation. It also looks at the role of advisers, and how they should be selected and used. Particularly in light of the recent financial crisis, the various approaches used to finance projects are also considered together with the policy responses that governments have recently adopted. Case studies are used to illustrate the key messages throughout. The book recognizes that governments will use a wide range of PPPs in different sectors and that legal and administrative systems vary. The purpose of the book is to identify and bringing clarity to the underlying principles so that there is a better understanding of why and how the various processes are carried out. This book is aimed primarily at public officials who are involved with delivery of infrastructure projects and services through partnership with the private sector as well as institutions who are looking to support PPP programmes.

This article provides an economy‐wide perspective on the changing role of the public sector in developing economic and social infrastructure in Australia. It analyses the scale and macroeconomic significance of the key economic and social infrastructure sectors — communication services, electricity, gas and water supply, transport, education, health and community services, government administration and defence. It then canvasses the major policy issues that have arisen in the progression from public to private infrastructure provision and considers why concerns about the trend fall in traditional public works spending may be misplaced in light of recent economic and institutional changes.

A primary concern in the development of entrepreneurship through private-public partnerships (PPP) in infrastructure projects is the adversarial, complex and unequal power relations characterising the negotiation of project risk allocation (RA) among the multiple participants. The inertia of the RA process has led to delayed and costly financial closure and sub-economic costs. Transactions costs of up to ten percent have been incurred in documented cases, and the situation is exacerbated in emerging economies, like South Africa, by political and economic instability and unproven track record of PPP.These developments have led to frustration among private sector participants in PPPs and diminished incentives for their continued participation. Therefore, delivering "satisfactory" RA processes is critical for attracting both domestic and foreign private entrepreneurial resources.The aim of this paper was to ascertain 'critical factors' influencing RA processes; determine the extent to which PPP practices in South Africa have led to equitable entrepreneurial risk allocation; and assess the choice of contract for implementing the outcomes of PPP negotiations.Critical success factors included: limiting apprehensions about market, socio-political, regulatory and legal risks as well as risk of lenders; improving common understanding among PPP participants; enhancing the quality of RFP (request for proposal) processes; and strengthening the commitment of participants. RA practices regarding socio-political, regulatory, financial and legal risks allocations were found to be inequitable, and PPP participants preferred tight and highly specified contracts.