Preparing and Structuring Bankable PPP Projects
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Most countries are experiencing pressing infrastructure needs. This demand is driven by growing populations, economic growth, and rapid urbanization in developing countries and by aging legacy infrastructure assets and green upgrades in developed countries. Though needs are rising, the supply of new infrastructure is restricted, as government budgets remain tight in the wake of the global financial crisis. The mismatch between demand and supply involves a global investment gap of at least US$1.0 trillion per year—with all the dire consequences for economic growth and social progress.1
[1] M. Petrie,et al. Public-Private Partnerships, Government Guarantees, and Fiscal Risk , 2006 .