Public–private partnership monitor: papua new guinea
(2020)
Nonfiction
eBook
Details
PUBLISHED
[United States] : Asian Development Bank, 2020
Made available through hoopla
Made available through hoopla
DESCRIPTION
1 online resource
ISBN/ISSN
9789292621131 MWT15168228, 9292621130 15168228
LANGUAGE
English
NOTES
The public-private partnership (PPP) market in Papua New Guinea is at a nascent stage having witnessed only six financially closed PPPs with an investment of $433 million, predominantly in the energy sector. The very few PPPs in the country stem from the lack of a robust PPP enabling framework, limited public sector capacities to design and manage PPPs, and constrained ability of the government to fund infrastructure development. Realizing the critical role of PPPs in helping achieve the country's infrastructure investment target, the government is now implementing the PPP Act of 2014 and setting up PPP-enabling institutions
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