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    Public–Private Partnership Systems in the Republic of Korea, the Philippines, and Indonesia

    Kim, Kang-Soo; Jung, Min-Woong; Park, Mee-Soo; Koh, Yoo-Eun; Kim, Jin-Oh | October 2018
    Abstract
    Infrastructure plays a critical role in boosting the economy’s overall productivity and development toward improving the quality of life. Public–private partnership (PPP) is considered as one of the key modalities for sustainable infrastructure development. This paper analyzes and compares the PPP systems in the Republic of Korea, the Philippines, and Indonesia to identify the requirements for making this modality an effective catalyst for infrastructure’s contribution to sustainable development. These countries have used the increased capacity and transactional experience in handling these partnerships to develop their PPP markets and strengthen their institutional framework to increase the use of PPPs to provide infrastructure services. A comparative analysis is then conducted to draw lessons for other economies in developing Asia seeking to improve the efficiency and effectiveness of their PPPs. The analysis underscores how strong institutions, unified procurement frameworks, and effective dispute resolution mechanisms can improve the implementation of infrastructure PPPs.
    Citation
    Kim, Kang-Soo; Jung, Min-Woong; Park, Mee-Soo; Koh, Yoo-Eun; Kim, Jin-Oh. 2018. Public–Private Partnership Systems in the Republic of Korea, the Philippines, and Indonesia. © Asian Development Bank. http://hdl.handle.net/11540/8805. License: CC BY 3.0 IGO.
    ISSN
    2313-6537 (print)
    2313-6545 (electronic)
    Keywords
    Financial & Private Sector Development
    Private Sector Investments
    Private Sector Participation
    Private Sector Projects
    Public Sector Infrastructure
    Public Sector Management
    Public Sector Projects
    Private enterprises
    Private ownership
    Government
    Public enterprises
    Public finance
    Infrastructure projects
    Development projects
    Financial loss
    Central local government relations
    Administration
    Decentralization in government
    Subnational governments
    Government monopolies
    Intergovernmental fiscal relations
    Investment of public funds
    Local finance
    Government services
    State governments
    Municipal government
    Bank failures
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/8805
    Metadata
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    ewp-561-ppp-korea-philippines-indonesia.pdf (316.8Kb)
    Author
    Kim, Kang-Soo
    Jung, Min-Woong
    Park, Mee-Soo
    Koh, Yoo-Eun
    Kim, Jin-Oh
    Theme
    Private Sector
    Public Sector
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise