PPP: Collaborative Approach for Development - Bimal Wagle

Outlines of Presentation Background Concept of PPP Growing Popularity Success of PPP Challenges Context of Nepal

Background Economic Liberalization & Private Sector Economic development & Private Sector Need of collaborative approach PPP a modality for collaborative approach

Concept of PPP “ a contractual agreement between public agency and a private sector entity. Through this agreement, the skills and assets of each sector are shared in deliverying a service or facility for the use of general public. In addition to the sharing of resources, each party shares in the risks and rewards potential in the delivery of the services and or facility “

Basic Premise: - Each has certain advantage - PPP a vehicle for collaboration - Judicious balance makes the best use

Growing Popularity Use of relative strength Alleviate public burden Efficiency in operation Quality service Cost effectiveness Sharing risks and rewards Concern on public responsibility

Success of PPP Legal and regulatory framework Business Plan Assured Fund Stakeholders’ Support Competent Partner Corporate Governance

Challenges of PPP Private sector - ROI - RRE - RO - Customer satisfaction - Work Public sector - Risk avoidance - Process orientation - Responsible to people

Context of Nepal PSIBOI Act Enabling Environment Institutional Issues