Date of effectiveness: 05.2015
The Asia Pacific Project Preparation Facility is a multi-donor umbrella facility that will encourage private sector participation in infrastructure by adopting a more consistent and higher-quality approach to public–private partnership (PPP) project preparation development and transaction advice across the region. ADB will use the fund to prepare, structure, and place in the market projects structured with the objective of promoting PPPs. The fund will provide financial assistance to developing member country governments and their public sector agencies to support the financial, legal, and technical advisory services required to prepare and structure transactions. The fund will also offer support for enabling reforms and capacity building that can be linked to potential or current transactions.