Revolutionizing Infrastructure: How Public-Private Partnerships Are Changing the Game
Private-sector financing through public-private partnerships (PPPs) is increasingly popular for building and maintaining public infrastructure worldwide. This book reviews the key policy issues for the public sector in considering PPPs, comparing international practices. It explains project-finance techniques used for financing PPPs and covers different types of PPPs, why governments find them attractive, procurement procedures, funding sources, risk assessment, and negotiating project-finance debt facilities. The book is a practical guide for those new to PPPs, providing a structured introduction and glossary, without requiring prior knowledge of project financing.