Preparation of Public-Private Partnerships (PPP) projects for the development of efficient and sustainable infrastructure in small and vulnerable economies in the region (C and D countries)

implementation

The objective of this TC is to continue strengthening the support of the IDB Group to the region in terms of Public-Private Partnerships (PPP) project preparation and development, as well as technical and institutional strengthening, and PPP knowledge generation in Latin America and the Caribbean (LAC) – contributing to the funding of the Facility created in 2017 through TC RG-T2998, and later reinforced with other resources. The challenges that the region is currently facing (IDB Macroeconomic Report, 2020) make it even more necessary to promote private participation through efficient and sustainable infrastructure projects in solid and stable regulatory and institutional environments – that allow to enhance the multiplier effect of infrastructure over the economy. The demand identified for the preparation of specific projects through PPP schemes has multiplied and far exceeded the resources mentioned. The objective therefore is to partially respond to these requests to ensure efficient and sustainable development through PPPs in the current crisis context – always assuring the best possible use of (scarce) public resources, contributing to the economic and inclusive growth of the region.