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Publication(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(Washington, DC: World Bank, 2002) Public-Private Infrastructure Advisory FacilityInfrastructure plays a crucial role in supporting Cambodia's growth and development. Improving access to efficient and affordable water, electricity, transport, and telecommunications services has a major impact on the living standards of individual households. This Country Framework Report (CFR) is one of a series of country reviews aimed at improving the environment for the private sector involvement in infrastructure. This book describes and evaluates the current status and performance of key infrastructure sectors and the policy, regulatory, and institutional environment for involving the private sector in infrastructure sectors. It also helps policymakers to establish future reform and development strategies.
Publication(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.