Appropriate risk allocation in public private partnerships (PPPs) and the GI Hub’s PPP Risk Allocation Tool were central themes of the GI Hub’s recent Regional PPP Risk Allocation Workshop in Dar Es Salaam, Tanzania.
Over the past few decades, there has been substantial change in living standards globally. Keeping pace with profound economic and demographic changes will require a significant increase in infrastructure investment.
Risks can be hard to define, manage and mitigate. In infrastructure projects that cross regional or national borders and involve multiple parties from both the public and private sector, these risks may be amplified.
The participants of the second Regional Roundtable on Infrastructure Governance held in Côte D’Ivoire last week reinforced the need for good governance across all stages of infrastructure delivery. The Regional Roundtable was the second of its kind, with the first held in South Africa in November 2017.
The reference tool on Governmental Processes Facilitating Infrastructure Project Preparation closely examines the relationships between countries’ institutional arrangements for project preparation, funding programs, project identification, feasibility studies and project structuring, through the lens of country-level governance and implementation. This initiative closely aligns with the G20 Principles for Project Preparation endorsed by the G20 Leaders in November 2018.