Region: East Asia and Pacific
Sectors: Water and Sanitation
Keywords: Sector, Contractual Provisions, Public Sector, Contract, Legal issues, Management contract
This case study narrates how the success of public-private partnerships (PPPs) in Shanghai has generated savings for the country.
The savings generated through the PPP arrangement are reflected in the service fee, which was about 40% below the government’s own projected cost.
Urbanization in the People’s Republic of China (PRC) has been on an extensive and accelerated path. In 2008, more than 600 million people were residing in 655 cities, pushing the urbanization level to 45.7%. Based on current trends, the urban population in the PRC is projected to cross the 1 billion mark in 2030 and eight
megacities—each with a population of over 10 million—would be existing in the country by 2025 (Woetzel et al. 2008).
However, the rapid rate and sheer scale of urbanization is associated with increasingly pressing social, economic, and environmental problems. Clearly, new models of sustainable urban development are needed to cater to this phenomenal urban growth for the coming decades.
Updated: October 25, 2021