Evaluating the environment for public-private partnerships in Asia
The Infrascope Index is a benchmarking tool that evaluates the capacity of countries to implement sustainable and efficient public-private partnerships (PPPs) in four key sectors: transport, electricity, water and sanitation, and solid waste management. The index evaluates the PPP environment across five components: enabling laws and regulations, the institutional framework, maturity, the investment and business climate, and financing.
This report can help to inform public debate and discussion on the optimal way to pursue PPPs. While acknowledging the importance of political support for PPPs, it examines: the quality of national and subnational institutional frameworks; the importance of macroeconomic stability; regulatory practices; provisions for speedy resolution of disputes; access to finance; and the capacity of government agencies to successfully select and implement appropriate projects for delivery in this modality. The objective of the report and the accompanying index is not simply to rank countries, but to use score movements as a benchmark from which to investigate trends, identify successful PPP performers, and focus on the approaches that can facilitate a better understanding of common challenges and best-practice standards.