Over the past decades, public–private partnerships (PPPs), especially in infrastructure development, have gained popularity in developed and developing countries due to their perceived benefits. Such advantages include on-time and within-budget project delivery, innovative and high-quality services, reduction of coordination cost, and compensation for financing gaps by mobilizing private funds.
In response to the enthusiasm of developing countries for PPPs, development institutions have provided support through a range of initiatives and programs. However, studies that conducted a comprehensive analysis on such support and on the implementation of PPPs in developing countries in Asia remain few.
This policy brief, which was published by the Asian Development Bank Institute (ADBI) for “ADBI-Stanford University Knowledge Sharing Roundtable on City-wide Inclusive Sanitation (CWIS)” dated on 22 September, 2021, discusses previous and current trends of assistance provided by development institutions for activation of PPPs. Moreover, it provides practical suggestions on future approaches that development institutions should apply to enhance the implementation of PPPs in developing countries, especially those in Asia.
The paper can be downloaded via the website of the Asian Development Bank Institute below.