The GI Hub works with public and private sectors globally to increase the flow and quality of infrastructure projects around the world. We share data, knowledge and leading practices, and help the public and private sectors work more closely to deliver crucial public infrastructure projects.
As 2018 comes to a close, we would like to take this opportunity to thank you for your support this past year. The Global Infrastructure Hub (GI Hub) had an ambitious agenda for 2018 and we are pleased to say that, with the help of our partners and stakeholders, we have been able to achieve some important milestones.
On 5 December 2018, a delegation of 15 staff, including senior level officials from China Clean Development Mechanism (CDM) Fund under the Ministry of Finance, and officials from ten provincial finance departments visited the Global Infrastructure Hub (GI Hub) in Sydney to learn more about the organisation’s mandate, mission, tools and products.
Public-private partnership (PPP) contracts are long-term and they may have a duration of 20 to 30 years or more. Today, where technologies and social priorities (such as views on climate change and sustainability) are changing at an accelerated pace, it perhaps comes as no surprise that changes to PPP contracts through renegotiations are common.
Transferring risk to the private sector in a PPP contract is frequently referred to as a key part of a PPP arrangement, as well as a key reason why governments use such an approach to procure infrastructure.
Private partner profit motives are frequently cited as a failure of the public-private partnership (PPP) approach. But those profit motives are also part of the fundamental make up of the PPP approach and why it has the potential to deliver better outcomes for the public.
By their very nature as long-term large infrastructure projects, public-private partnership (PPP) projects involve a vast array of interconnecting relationships. Core to any PPP project is the long-term contractual relationship between the government’s procuring authority and the private party (the project company). This is one of many relationships that will affect the success of a PPP.
In order to attract high quality international investors from the private sector, Belt and Road Initiative (BRI) projects must be properly prepared and procured, in accordance with leading international practices and standards.
In order to attract high quality international investors from the private sector, Belt and Road Initiative (BRI) projects must be properly prepared and procured, in accordance with leading international practices and standards.
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