Public-Private Partnerships:
A New Perspective
The public-private partnership is a contractual arrangement between the public and private sector for the private delivery of public services or infrastructure development. PPP is accepted as an effective and novel instrument for stimulating economic growth all over the world. The PPP can become a catalyst for economic growth when coupled with the right set of policies and institutional environment.
Infrastructure plays a vital role in supporting a high standard of living and is essential to the growth and survival of a country when it is planned, funded, and maintained well. Despite the well-documented link between high-caliber infrastructure and economic expansion, governments operating on razor-thin budgets cannot fund necessary projects. In response, many government organizations are tapping into the private sector for capital technology and expertise to finance, develop, and manage public-sector infrastructure projects.
Afghanistan’s future economic growth, employment, and social development are dependent on improving the country’s infrastructure, economic performance, productivity, competitiveness and connectivity.
Traditional methods have repeatedly failed to deliver projects on time and budget in Afghanistan. In addition, there are serious concerns about quality, cost, time and sustainability. The Government of the Islamic Republic of Afghanistan introduced public-private partnership as a key element of the economic reform strategy and to increase the role of the private sector in expanding public infrastructure provision and service delivery.
Apama consultancy services provides public-private partnership in the sectors of transport infrastructure such as airports, railroads, bridges, and tunnels; municipal and environmental infrastructure such as water and wastewater facilities, irrigation; energy; and public administration. These services include the following.
- PPP strategy development
- Contract negotiation
- Prefeasibility and feasibility studies
- Transaction advisory services
- Capacity building and training services
- Development of a legal and regulatory framework