Learning Curves: ADB Assistance for PPPs in Infrastructure Development

Abstract

Public-private partnerships (PPPs) have been gaining recognition in many developing member countries as an important means of mobilizing private sector capital and experise for infrastructure investments and service provision. The special evaluation study assesses the support provided by the Asian Development Bank (ADB) for the development of the basic regulatory, policy, and institutional frameworks for PPPs, as well as advisory services and financial support for PPP transactions in the power, transport and water sectors. The study uses a broad definition of PPPs ranging from service contracts to build-operate-transfer (BOT) transactions—essentially all modalities that assume some form of risk sharing between public and private entities with the aim of delivering a public service.