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‘Public-private partnership’ is raising concern among carriers, users and the consumers

A 30-year concession let out to Chinese interests for a main commercial road from Pointe-Noire is raising concern among carriers, users and the Consumers ' Association that the ‘public-private partnership’ concession “will quickly bring about an increase in transport prices and hence that of essential products.” Management “is ceded to a private consortium which must maintain and make profitable this route built by billions of FCFA thanks to Chinese pre-financing.” The Congolese Association of consumer rights “is convinced that the tariffs for the crossing of toll stations are already being revised upward for motorists. These rates range from 1500 F for sedans to 40,000 F for heavy goods vehicles. It's huge and it's going to weigh heavily on the housewife's basket,” they say.

Source: RFI Afrique

The government will focus on attracting private investment in infrastructure projects

The government will focus on attracting private investment in infrastructure projects. “Speaking at a workshop on infrastructure development, financing and governance in Asia, Deputy Minister of Planning and Investment Vũ Đại Thắng said the Vietnamese Government had paid special attention to promoting private investment, especially via the public-private partnership (PPP) model, in recent years. He cited statistics that Việt Nam has attracted 147 PPP projects worth a total VNĐ1.14 quadrillion (US$52 billion), contributing significantly to improving infrastructure in the country.”

Source: vietnamnews.vn

“Treasury's Office of Technical Assistance helped governments strengthen public-private partnerships to finance infrastructure development”

In testimony before the U.S. Congress, Under Secretary for International Affairs David Malpass tells lawmakers that “in Colombia, Indonesia and Uganda, Treasury's Office of Technical Assistance (OTA) helped governments strengthen public-private partnerships to finance infrastructure development in ways that mobilize private capital.”

Source: www.foreign.senate.gov

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Public-Private Partnerships and the 2030 Agenda for Sustainable Development: Fit for purpose?

In light of a cautious emphasis given to public-private partnerships (PPPs) as a mechanism to finance infrastructure projects and highlighting the need for capacity building and knowledge sharing at the Third International Conference on Financing for Development in Addis Ababa, this paper reviews the extant literature on the subject and identifies areas requiring better understanding and institutional innovation for ensuring value for money, minimizing contingent fiscal risk and improving accountability. This paper will discuss recent findings on the effectiveness of PPPs and reflect on their suitability as a key vehicle to implement the 2030 Agenda for Sustainable Development.

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CSOs as equal partners in monitoring public finance

CSOs as equal partners in monitoring public finance started from 2016 with the aim to improve accountability and transparency of the public finance in targeted countries and strengthen Civil Society Organisations’ (CSOs) role and voice in monitoring the institutions’ performance in that area. Key project activities are research and monitoring, advocacy, capacity building and transfer of knowledge/practices and networking in the field of the 4 specific topics: • public debt, • public-private partnerships, • tax equity and • infrastructure projects. More about the project and our work can be found here: https://www.facebook.com/BalkanMonitoringPublicFinance/