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Attracting Investors to African Public-Private Partnerships : A Project Preparation Guide
(World Bank, 2009) Infrastructure Consortium for Africa ; Public-Private Infrastructure Advisory FacilityWhat transforms a Public-Private Partnership (PPP) project from 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 PPP projects: having the right information on the right project for the right partners at the right time. This guide starts with a review of the meaning of the term PPP, which can be difficult to define (chapter two). This is followed by a look at the foundation blocks for engaging with the private sector (chapter three), an assessment of the issues relevant to project selection (chapter four), and a review of the actions involved in preparing projects for market, including how the process should be managed (chapter five). The particular issue of managing advisers is examined in chapter six, while chapter seven looks at how the public sector should interact with the private sector during the project selection and preparation phases, to ensure that decisions made during these phases are based on a realistic view of what the private sector can provide. The last two chapters look briefly at the issues of engagement with the private sector during the competitive procurement, or tender, stage (chapter eight) and after the contract has been signed (chapter nine). While contract signature is often regarded as the conclusion of the process, the true success of the project will depend on the delivery of quality services. -
Publication
Private Solutions for Infrastructure in Angola : A Country Framework Report
(Washington, DC: World Bank, 2005) Public-Private Infrastructure Advisory FacilityThe Country Framework Report (CFR) for Angola is one of a series of country reviews aimed at improving the environment for private sector involvement in infrastructure. The report seeks to assist the Government of Angola in developing policies, and a framework to promote private participation in the rebuilding, and development of the country's infrastructure. Following the years of conflict, and the resulting damage to the country's infrastructure, as well as the negative impacts on economic growth and development, the country's investment needs are enormous. This study is particularly focused on how to maximize the private sector's role and contribution. The report's scope is on investment in infrastructure in the following sectors: electricity and gas; water and sanitation; transport; and, telecommunications. For each sector, a separate section in the report covers the current situation, opportunities for private sector participation in infrastructure (PPI), PPI barriers, and, measures and actions to promote more private involvement. A further section covers cross-sectoral issues. This CFR concludes with an action plan that identifies the steps that need to be taken to promote, encourage, and facilitate PPI in the short, medium, and long term. -
Publication
Private Solutions for Infrastructure in Lesotho : A Country Framework Report
(Washington, DC: World Bank, 2004) Public-Private Infrastructure Advisory FacilityThe report looks at Lesotho, a predominantly mountainous, land-locked, poor country with a small population, limited natural resources, and a very fragile ecology. It has low gross national income, and a significant poverty level. To ameliorate this condition, the government has embarked on a pro-poor, growth strategy that includes public, and private investment in infrastructure. It explores the level of private participation at this phase in the evolution of the reforms, which is considerable, given the country's small size, limited institutional capacity, and lack of public and private investment capital. Telecommunications has recorded the most significant reform of any of the infrastructure sectors. Other than telecommunications, reforms in other sectors have not advanced significantly. Not surprisingly, the report identifies specific lessons learned from the telecommunications sector, and examines their relevance to reform efforts under way in the other sectors. In summary, this report finds that private participation in infrastructure could offer Lesotho three key advantages: 1) augmenting budget resources in cases where the private sector undertakes to finance projects, or services that would not otherwise be funded, 2) improving the quality and efficiency of service delivery, and, 3) accelerating investments in infrastructure. By the same token, the report makes clear that private participation in infrastructure (PPI) carries significant down-side risks that, despite the best of intentions, could lead to negative fiscal impacts, lower than expected service quality, disruptions to service, or more dire consequences. The report presents an action plan with three primary elements: 1) the creation of a PPI Facilitation Unit to assist line ministries in implementing PPI projects; 2) specific priorities pertinent to each respective infrastructure sector; and, 3) cross-cutting reform measures addressing policy, regulatory, and legal actions needed to provide an enabling framework, and facilitating environment for PPI projects. -
Publication
Private Solutions for Infrastructure : Opportunities for Uganda
(Washington, DC: World Bank, 2001-07) Public-Private Infrastructure Advisory FacilityThis Country Framework Report for Uganda, is part of a series focused on achieving poverty eradication, rural development, and economic growth through sustained infrastructure programs. Introducing private investment to the infrastructure sectors, lies at the heart of the Government's strategy to achieve combined sector restructuring, and liberalization. To this end, infrastructure development must be responsive to economic, and social needs, based on clear planning, and policy coordination. The report prioritizes on exploiting all beneficial options for private sector involvement, paying close attention to the development of effective incentive frameworks. Moreover, subsidy and donor funding mechanisms should be introduced to support poverty alleviation in the context of reform, while measures should be taken to ensure capacity is available to execute the reform program effectively, and provide for its coordination to maximize economic development. There should be a strong bias toward sector liberalization, except where this would result in significant loss of economies of scale, or scope, and, the establishment of an overall regulatory environment, attractive to private sector participation should be a critical priority, while protecting the interests of consumers.