Public-private Partnerships

Ghulam Samad () and Naseem Faraz ()
Additional contact information
Ghulam Samad: CAREC Institute
Naseem Faraz: Pakistan Institute of Development Economics

Chapter Chapter 12 in The Face of Privatization in Pakistan, 2024, pp 141-163 from Springer

Abstract: Abstract Limited success of privatization efforts in Pakistan has prompted a growing emphasis on Public-Private Partnerships (PPPs) as a viable alternative. In Pakistan, PPPs have gained traction since the 1990s, particularly in sectors like transportation, energy, healthcare, education, and water management. The chapter presents the state of PPPs, both globally and within Pakistan, offering a comprehensive analysis of their evolution, types, legal frameworks, successes, challenges, and strategies for effective implementation. Globally, PPPs have emerged as essential tools for infrastructure development, showcasing their effectiveness in various sectors like transportation, healthcare, education, water management, and energy, with tangible benefits such as cost savings and improved service quality. The establishment of the Public-Private Partnership Authority (P3A) underscores the government’s commitment to fostering partnerships and streamlining PPP processes. The legal framework for PPPs in Pakistan comprises various laws, policies, and guidelines at federal and provincial levels, providing clarity and guidance for PPP projects. The chapter further outlines successful PPP projects in Pakistan while also addressing persistent challenges like political instability, procurement complexities, risk allocation, financing constraints, capacity limitations, and social/environmental concerns.

Keywords: Public-Private Partnerships (PPPs); PPPs in Pakistan; Types of PPPs; Legal Frameworks for PPPs; Public-Private Partnership Authority (P3A); Federal and Provincial PPP; PPP Projects in Pakistan (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-97-8385-4_12

Ordering information: This item can be ordered from
http://www.springer.com/9789819783854

DOI: 10.1007/978-981-97-8385-4_12

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().