Title: Benchmarking Infrastructure Development
Language: English
Type: Website
Nature: Benchmarking
Published: January 1, 2025
Region: Global
Country: Global-World
Topic: Tools, Financing and Risk Mitigation, Procurement
Keywords: PPP Tools *, PPP Benchmarking **
Document Link(s):
Document Summary:
Benchmarking Infrastructure Development is an initiative of the World Bank’s Infrastructure Finance, PPPs & Guarantees (IPG) Group that benchmarks regulatory frameworks against internationally recognized good practices for the preparation, procurement and management of large PPP infrastructure projects. The report of Benchmarking Infrastructure Development 2023 builds on the success of the Benchmarking Infrastructure Development 2020. It updates the assessment for PPPs in 140 economies.
Benchmarking Infrastructure Development : PPP Regulatory Landscape - Assessing Quality and Exploring Reform
Despite its intrinsic relevance and policy makers’ efforts to address the infrastructure gap, progress has been limited. A confluence of challenges from macroeconomic shocks and political instability to weak institutional capacity has hindered the capacity of countries to develop infrastructure that meets demand. Increasing efficiencies in delivering infrastructure services is at the core of addressing the gap. Numerous countries have turned to private sector participation in infrastructure development to achieve these efficiencies and catalyze private capital investments. Although there are different modalities to procure infrastructure, public-private partnerships (PPPs) have been extensively used by many countries to deliver successful programs. This report examines one of the key elements of an overall sound PPP ecosystem, the crucial role that the quality of PPP regulatory frameworks plays in fostering a conducive ecosystem for successful PPP programs while acknowledging that it is just one of several critical factors. This report incorporates new empirical analysis from primary data collected through Benchmarking Infrastructure Development 2023 (BID 2023). It also uses country case studies to illustrate and draw lessons from how countries have created robust PPP ecosystems and strengthened PPP regulatory frameworks over time. This report is aligned with the Knowledge Compact Agenda’s focus on evidence-based decision-making by providing evidence-based knowledge that can inform development strategies and PPP operations. Additionally, it focuses on fostering the PPP ecosystem that is conducive to private sector investment, thereby contributing to the Private Capital Enabling (PCE) objectives that will ultimately support Private Capital Mobilization (PCM), two critical corporate objectives of the World Bank Group to help to close the infrastructure gap.
Document Details:
Benchmarking Infrastructure Development 2023 is an initiative of the World Bank’s Infrastructure Finance, PPPs & Guarantees (IPG) Group that benchmarks regulatory frameworks against internationally recognized good practices for the preparation, procurement and management of large PPP infrastructure projects. See details for the countries covered by the benchmarking survey here
The following countries are included:
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