Different perspectives on PPPs

PPPs attract huge interest. Here are some perspectives:

"PPPs can provide better value for money from infrastructure, by exploiting the efficiency and innovative potential of a competitive private sector to either costs, or achieve a better quality ratio."

PPIAF, 2009

"The private sector may not take interest in the PPP project due to perceived high risks or may lack technical, financial or managerial capacity to implement the project."

UN ESCAP, 2011

"PPPs are creating diversification in the economy by making the country more competitive in terms of its facilitating infrastructure base as well as giving a boost to its business and industry associated with infrastructure development."

World Bank, 2016

"PPP transactions can be classified as off the public sector’s balance sheet where the majority of risks of the transaction will have been transferred to the private sector."

PWC, 2005

"PPPs are supplementing limited public sector capacities to meet the growing demand for infrastructure development is a potential benefit of the PPPs."

World Bank, 2016

"PPPs can improve projects on time and on budget."

Commission of the European Communities, 2005

"PPPs are used to conceal public borrowing while providing long-term state guarantees for profits to private companies. Private sector corporations must maximise profits if they are to survive. This is fundamentally incompatible with protecting the environment and ensuring universal access to quality public services."

Public Service International Research Unit, Report, 2009

"The evidence suggests that PPPs have often tended to be more expensive than the alternative of public procurement while in a number of instances they have failed to deliver the envisaged gains in quality of service provision, including its efficiency, coverage and development impact."

UNDESA Working Papers, 2016

"Government responsibility continues to hold governments accountable for quality of utility services. Governments will also need to retain sufficient expertise, whether the implementing agency and/ or via a regulatory body, to be able to understand the PPP arrangements, to carry out its own obligations under the PPPs' agreement and to monitor performance of the private sector and enforce its obligations."

World Bank, 2016

"PPPs change the nature of public services and investments, worsen the fiscal problems against which they are offered as solutions, expose fundamental faults in transparency and democratic accountability, and provide less efficient and more costly operations than they claim."

The CSO Financing for Development Group, 2016

"PPPs are not only an innovative financing model, but also a catalyst for promoting market reform in a larger perspective."

An Wang, China International Engineering Consulting Cooperation, 2016

"PPPs are a proven and successful instrument for closing the infrastructure gap in many countries. Despite all challenges, private investment is the only way forward as all other financial sources are by far insufficient to meet the demand. Infrastructure development is essential for erasing poverty and supporting the SDGs, as every dollar spent on infrastructure will have a 10-dollar return (OECD) in the growth of developing countries."

Jan van Schoonhoven, Senior Advisor PPP to the Netherlands Government