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PPP: Collaborative Approach for Development - Bimal Wagle

Learn about the concept of Public-Private Partnership (PPP), its success, challenges, and relevance in Nepal's economic development context. Explore how PPP fosters collaboration, shares risks, and drives efficiency in service delivery.

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PPP: Collaborative Approach for Development - Bimal Wagle

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  1. PPP: Collaborative Approach for Development- Bimal Wagle

  2. Outlines of Presentation • Background • Concept of PPP • Growing Popularity • Success of PPP • Challenges • Context of Nepal

  3. Background • Economic Liberalization & Private Sector • Economic development & Private Sector • Need of collaborative approach • PPP a modality for collaborative approach

  4. Concept of PPP • “ a contractual agreement between public agency and a private sector entity. Through this agreement , the skills and assets of each sector are shared in deliverying a service or facility for the use of general public. In addition to the sharing of resources, each party shares in the risks and rewards potential in the delivery of the services and or facility “

  5. Basic Premise: - Each has certain advantage - PPP a vehicle for collaboration - Judicious balance makes the best use

  6. Growing Popularity • Use of relative strength • Alleviate public burden • Efficiency in operation • Quality service • Cost effectiveness • Sharing risks and rewards • Concern on public responsibility

  7. Success of PPP • Legal and regulatory framework • Business Plan • Assured Fund • Stakeholders’ Support • Competent Partner • Corporate Governance

  8. Challenges of PPP • Private sector - ROI - RRE - RO - Customer satisfaction - Work • Public sector - Risk avoidance - Process orientation - Responsible to people

  9. Context of Nepal • PSIBOI Act • Enabling Environment • Institutional Issues

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