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Public Private Partnerships for Urban Water Utilities - A Review of Experiences in Developing Countries (Paperback, New)
Loot Price: R912
Discovery Miles 9 120
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Public Private Partnerships for Urban Water Utilities - A Review of Experiences in Developing Countries (Paperback, New)
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"'Public-Private Partnerships for Urban Water Utilities: A Review
of Experiences in Developing Countries' analyzes the market growth
of Public-Private Partnerships (PPPs) in the developing world since
1990, and the performance of more than 65 large water PPP
projects-representing more than 100 million people-for access,
service quality, operational efficiency, and tariff levels.
Although a relatively small portion of the water utilities in the
developing world are operated under PPPs (about 7 percent in 2007),
the urban population served by private water operators has grown
every year since 1990. Despite many difficulties encountered by PPP
projects and a few contract terminations, a large majority of
contracts awarded since 1990 are still in place. The track record
for improving service and efficiency reaffirms the value of PPPs to
help turn around poorly performing water utilities, even though the
level of private financing did not match initial expectations. Over
time, a more realistic market has developed, the number of private
investors from developing countries has grown, and contract designs
have become more pragmatic concerning risk allocations between
partners. The water sector has many features that set it apart from
other infrastructure sectors. This book suggests the need for
careful consideration of those specificities to successfully
involve private operators. Although concessions with private
financing have worked in a few places, contractual arrangements
that combine private operation with public financing appear to be
the most sustainable option in many countries. Policy makers,
stakeholders, and donors need to remain heavily engaged in the
water sector, especially in the poorest countries and during a
global financial crisis. This book contributes to a better
understanding of the various options to tackle the many challenges
of providing water and sanitation services to urban populations in
the developing world."
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