News and developments
Procuring Infrastructure PPPs 2018
The World Bank Group’s Procuring Infrastructure Public-Private Partnerships 2018 report is now finalized and available online. The report compiles best practices and offers support to governments around the world to improve the quality of their regulations and to better deliver infrastructure service through public-private partnerships (PPPs).
The report benchmarks the regulatory framework of 135 economies against international recognized good practices, scoring them on four elements: preparation, procurement, contract management, and treatment of unsolicited proposals. It found that the average performance of each of the categories varies across regions and income levels, with OECD high-income economies and the Latin America and Caribbean region performing at or above average. In contrast, Sub-Saharan Africa and the East Asia and Pacific (EAP) region have the lowest average scores across thematic areas. EAP sees the greatest intraregional variance. Across the board, the report found that there are opportunities for improvement in PPP, particularly in preparation and contract management.
The report launched on April 3 to inform discussions among ASEAN finance ministers gathered at the World Bank-Singapore Infrastructure Finance Summit. The data was gathered and reviewed as of June 2017. The report was co-funded by the African Legal Support Facility, the Australian Government Department of Foreign Affairs and Trade, the Global Infrastructure Hub (GI Hub), and the Public-Private Infrastructure Advisory Facility.
SyCipLaw partner Arlene M. Maneja and associate Carlo Miguel Romeo S. Go contributed to the report.
For access to the full report, the economy data tables, and all the data collected for the report, please consult the project’s website at http://bpp.worldbank.org and at https://mail.syciplaw.com/owa/redir.aspx?SURL=gQGmGOjB1t93Swr1uvs93dTYzRmJbmdL9i9vCYD-KdFGPTlwtrvVCGgAdAB0AHAAcwA6AC8ALwBwAHAAcABrAG4AbwB3AGwAZQBkAGcAZQBsAGEAYgAuAG8AcgBnAA..&URL=https%3a%2f%2fpppknowledgelab.org. Highlights of the report may also be read at the following blog: http://blogs.worldbank.org/ppps/why-we-need-more-systematic-data-get-ppps-right.
Carlo Miguel Romeo S. Go is an associate at the firm. He is a member of the firm’s Special Projects, Banking, Finance and Securities, and Employment and Immigration practice groups. He has assisted in the pre-qualification stages of a public-private partnerships (PPPs).