Policy Note on Attracting Private Investment to Infrastructure in Peru : Achievements, Challenges and a Way Forward

Over the last fifteen years, Peru has mainstreamed Public Private Partnerships (PPPs) as a tool to address its infrastructure gap with 177 contracts registered since the start of the program in early 2000s and has strengthened its PPP framework thr...

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Main Author:	World Bank
Format:	Policy Note
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	PUBLIC-PRIVATE PARTNERSHIPS PRIVATE SECTOR PARTICIPATION GOVERNANCE PUBLIC SECTOR GOVERNANCE PRIVATE FINANCE INFRASTRUCTURE TRANSPARENCY CONTROL PROCESSES
Online Access:	http://documents.worldbank.org/curated/en/760411593414019377/Policy-Note-on-Attracting-Private-Investment-to-Infrastructure-in-Peru-Achievements-Challenges-and-a-Way-Forward http://hdl.handle.net/10986/34159

id	okr-10986-34159
recordtype	oai_dc
spelling	okr-10986-341592021-05-25T09:57:26Z Policy Note on Attracting Private Investment to Infrastructure in Peru : Achievements, Challenges and a Way Forward World Bank PUBLIC-PRIVATE PARTNERSHIPS PRIVATE SECTOR PARTICIPATION GOVERNANCE PUBLIC SECTOR GOVERNANCE PRIVATE FINANCE INFRASTRUCTURE TRANSPARENCY CONTROL PROCESSES Over the last fifteen years, Peru has mainstreamed Public Private Partnerships (PPPs) as a tool to address its infrastructure gap with 177 contracts registered since the start of the program in early 2000s and has strengthened its PPP framework through successive legal and institutional changes. These changes made the process more complex, but capacities within the system were not strengthened in parallel. Issues have surfaced over the past five years relating to lengthy structuring and implementation periods and corruption. The PPP program in Peru is going through a credibility crisis due to its incapacity to deliver the efficiency and quality required to meet stakeholder’s expectations. This Policy Note presents an overview of the international experience with PPPs for development of infrastructure; provides an assessment of the PPP system in Peru and recommendations for strengthening it in key areas; and proposes a strategy for implementing the recommendations. 2020-07-22T16:13:24Z 2020-07-22T16:13:24Z 2020-01-19 Policy Note http://documents.worldbank.org/curated/en/760411593414019377/Policy-Note-on-Attracting-Private-Investment-to-Infrastructure-in-Peru-Achievements-Challenges-and-a-Way-Forward http://hdl.handle.net/10986/34159 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Policy Note Latin America & Caribbean Peru
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	PUBLIC-PRIVATE PARTNERSHIPS PRIVATE SECTOR PARTICIPATION GOVERNANCE PUBLIC SECTOR GOVERNANCE PRIVATE FINANCE INFRASTRUCTURE TRANSPARENCY CONTROL PROCESSES
spellingShingle	PUBLIC-PRIVATE PARTNERSHIPS PRIVATE SECTOR PARTICIPATION GOVERNANCE PUBLIC SECTOR GOVERNANCE PRIVATE FINANCE INFRASTRUCTURE TRANSPARENCY CONTROL PROCESSES World Bank Policy Note on Attracting Private Investment to Infrastructure in Peru : Achievements, Challenges and a Way Forward
geographic_facet	Latin America & Caribbean Peru
description	Over the last fifteen years, Peru has mainstreamed Public Private Partnerships (PPPs) as a tool to address its infrastructure gap with 177 contracts registered since the start of the program in early 2000s and has strengthened its PPP framework through successive legal and institutional changes. These changes made the process more complex, but capacities within the system were not strengthened in parallel. Issues have surfaced over the past five years relating to lengthy structuring and implementation periods and corruption. The PPP program in Peru is going through a credibility crisis due to its incapacity to deliver the efficiency and quality required to meet stakeholder’s expectations. This Policy Note presents an overview of the international experience with PPPs for development of infrastructure; provides an assessment of the PPP system in Peru and recommendations for strengthening it in key areas; and proposes a strategy for implementing the recommendations.
format	Policy Note
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Policy Note on Attracting Private Investment to Infrastructure in Peru : Achievements, Challenges and a Way Forward
title_short	Policy Note on Attracting Private Investment to Infrastructure in Peru : Achievements, Challenges and a Way Forward
title_full	Policy Note on Attracting Private Investment to Infrastructure in Peru : Achievements, Challenges and a Way Forward
title_fullStr	Policy Note on Attracting Private Investment to Infrastructure in Peru : Achievements, Challenges and a Way Forward
title_full_unstemmed	Policy Note on Attracting Private Investment to Infrastructure in Peru : Achievements, Challenges and a Way Forward
title_sort	policy note on attracting private investment to infrastructure in peru : achievements, challenges and a way forward
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/760411593414019377/Policy-Note-on-Attracting-Private-Investment-to-Infrastructure-in-Peru-Achievements-Challenges-and-a-Way-Forward http://hdl.handle.net/10986/34159
_version_	1764480238651179008

Policy Note on Attracting Private Investment to Infrastructure in Peru : Achievements, Challenges and a Way Forward

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