Public Private Partnership in Infrastructure

This creates bottlenecks in actualizing such partnerships. The bureaucracy is still being feared and private sector still being suspected. Perhaps such mutual distrust comes because the premises are not clear. In any PPP mode, while the private sector is responsible for designing, financing, building and operation of the services, the public sector provides the legislative framework and institutional support. Depending upon the risk allocation between the two parties, there are various models of PPP. The author tries to draw on years of experience of working under the mode to highlight the various aspects of PPP in sectors such as roads, ports and the railways. He talks about the legal and contractual framework that defines the risks and how to mitigate them. While the public sector has realized the need for extra adrenalin to keep itself relevant, the private sector has gained enough muscle to perform the tasks it was scared of performing. Success stories of such experiences, the book analyses, would help clear some cobwebs and help generate confidence. One of the first publications of its kind, the book will be of interest to the spectrum of readers from policy-makers in the government to bankers and financial institutions, construction agencies, academic institutions, etc.