Belt and Road PPP Corner
Unlock the Potential of PPPs
What is PPP?
Public-Private partnership (PPP) is a mechanism for governments to procure and implement public infrastructure and/or services using the resources and expertise of the private sector.
PPPs combine the skills and resources of both the public and private sectors through sharing of risks and responsibilities. This enables governments to benefit from the expertise of the private sector, allowing them to focus on policy, planning and regulation by delegating day-to-day operations.
PPPs are applicable to many essential and basic infrastructure services, such as railways, roads, bridges, green energy, water, solid waste and hospitals.
PPPs combine the skills and resources of both the public and private sectors through sharing of risks and responsibilities. This enables governments to benefit from the expertise of the private sector, allowing them to focus on policy, planning and regulation by delegating day-to-day operations.
PPPs are applicable to many essential and basic infrastructure services, such as railways, roads, bridges, green energy, water, solid waste and hospitals.
The Role of PPPs in Belt and Road Initiative
The Belt and Road Initiative has fueled a new era of cooperation across countries, triggering a boom in infrastructure investment. A key focus for cooperative Belt and Road development is facilities connectivity, and countries are seeking foreign investments to fill their infrastructure gaps.
PPPs can reduce budget burden of the public sector by attracting private sector capital. They can also leverage the use of private sector skills, efficiency, innovation and financial resources to support public sector demands. Belt and Road countries are turning to international private sector partners with worldwide experience to better deliver infrastructure projects.
By importing skills and services, Belt and Road countries can enhance the growth of the industries and specialist skills. PPPs play a crucial role in the successful implementation of Belt and Road Initiative projects.
PPPs can reduce budget burden of the public sector by attracting private sector capital. They can also leverage the use of private sector skills, efficiency, innovation and financial resources to support public sector demands. Belt and Road countries are turning to international private sector partners with worldwide experience to better deliver infrastructure projects.
By importing skills and services, Belt and Road countries can enhance the growth of the industries and specialist skills. PPPs play a crucial role in the successful implementation of Belt and Road Initiative projects.
APMG PPP Certification Program
The APMG PPP Certification Program aims to foster a common minimum level of knowledge and understanding amongst individuals working on PPPs or those interested in learning about PPPs. It has been designed to create a consistency of terms used in PPPs and to standardize the process for the delivery of PPP projects worldwide.
The Certification Program is an innovation of the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank, the Islamic Development Bank, the Multilateral Investment Fund, the Public-Private Infrastructure Advisory Facility and the World Bank Group.
The APMG PPP Certification Program Guide (PPP Guide) is the Body of Knowledge on PPP and will help public officials and their advisors implement efficient, sustainable PPPs. The PPP Guide includes extensive regional and sectoral knowledge and comprises PPP best practices from around the world. It is available in 12 languages for downloading free of charge from the APMG website.
The Certification Program is an innovation of the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank, the Islamic Development Bank, the Multilateral Investment Fund, the Public-Private Infrastructure Advisory Facility and the World Bank Group.
The APMG PPP Certification Program Guide (PPP Guide) is the Body of Knowledge on PPP and will help public officials and their advisors implement efficient, sustainable PPPs. The PPP Guide includes extensive regional and sectoral knowledge and comprises PPP best practices from around the world. It is available in 12 languages for downloading free of charge from the APMG website.
Advantages of PPP for Belt and Road Countries
PPPs involve collaboration between a government agency and a private sector company. They can be used to design, build, finance, operate and maintain the infrastructure project and/or service such as railways, roads, bridges, green energy, water, solid waste and hospitals. PPPs typically have contract periods of up to 20 to 30 years.
PPPs offer 5 major opportunities to Belt and Road Countries
Other Resources
Useful PPP Resources
HKTDC - Business Guide on PPP Project Manuals
Institution of Public and Private Partnerships – PPP Knowledge Centre in Hong Kong
Asia Development Bank (ADB) - Market Development and Public Private Partnership
The World Bank Group (WBG) - Public Private Partnership Resource Center
The Public – Private Infrastructure Advisory Facility (PPIAF)
HKTDC’s support to SME
T-Box Programme
Free Advisory Services
HKTDC SME Centre
HKTDC Events
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