Infrastructure Development, PPPs and Regulation

Infrastructure Development, PPPs and Regulation

Do you know why governments around the world are eager to partner with the private sector for developing infrastructure? Do you want know about the key implications of Public-Private-Partnerships (PPPs)? Are you looking for factors which drive a successful PPP experience and what pitfalls to avoid? In this course I talk about infrastructure, its characteristics, drivers for commercial outlook and key implications of commercialization/PPPs.

The biggest constraint to growth in India and the developing world is infrastructure. Infrastructure, being a natural monopoly, has traditionally been the responsibility of the government for development. However, capacity (financial and human) deficit in government led to the involvement of private players with greater risk sharing, moving from the traditional contract mode to the PPP mode. The advent of PPPs brought in significant challenges, both for Government and the private players. Roles and mindset needed redefinition, especially on the Government side. Appropriate regulation became more critical. There is need to learn from both successes and failures of PPPs in infrastructure sector to bring in a greater maturity and professionalism in this eco-system by developing competencies and perspectives.