Public-Private Partnership Units : Lessons for their Design and Use in Infrastructure

This report originated as part of a joint initiative between the Public Private Infrastructure Advisory Facility (PPIAF) and the East Asia and Pacific Sustainable Development Department of the World Bank. This paper defines a public-private partner...

Full description

Bibliographic Details
Main Author: World Bank and PPIAF
Format: Working Paper
Language:English
English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/220171468332941865/Public-private-partnership-units-lessons-for-their-design-and-use-in-infrastructure
http://hdl.handle.net/10986/36108
Description
Summary:This report originated as part of a joint initiative between the Public Private Infrastructure Advisory Facility (PPIAF) and the East Asia and Pacific Sustainable Development Department of the World Bank. This paper defines a public-private partnership (PPP) as an agreement between a government and a private firm under which the private firm delivers an asset, a service, or both, in return for payments contingent to some extent on the long-term quality or other characteristics of outputs delivered. It uses a broad definition of PPP because of the different goals of each country's PPP strategy. This paper seeks to answer the question of whether specialist public-private partnership (PPP) units have contributed to successful PPPs.