Regional Public-Private Partnership (PPP) Support Facility

What are PPPs?

A Public-Private Partnership (PPP) is traditionally defined as: a long-term contract between the state and a private party, for the delivery of public services such as roads, electricity, ports and airports. Two fundamental principles of PPPs are that there must be a significant transfer of investment – and risk – from the public to the private sector. Governments engage in PPPs because experience has shown that PPPs allow governments to unlock private sector investment in order to achieve three goals in the delivery of infrastructure:

  1. Innovation and the adoption of new technology;
  2. Improved climate resilience; and
  3. Better value for money – for both governments and consumers alike.

CDB’s Regional PPP Support Facility

The Caribbean Development Bank (CDB), along with its development partners the World Bank, the Inter-American Development Bank, Multilateral Investment Fund, and the Public Private Infrastructure Advisory Facility, has established a US$1.2 million Regional PPP Support Facility, based at its Barbados headquarters. PPPs are still relatively new to the Caribbean. Over the past ten years, some PPPs have been successfully implemented, delivering high-quality infrastructure facilities and providing value for money to both governments and consumers alike. However, in many cases the complexity of the transaction process – and lack of capacity within governments – has meant long delays in delivering projects; many of which languish for years and ultimately fail to launch. With support from its multilateral development partners, CDB has launched the first phase of activities under the Facility, designed to assist its Borrowing Member Countries in the development and implementation of PPPs. These activities include:

Strengthening the enabling environment

  • Developing a Caribbean web-based PPP Toolkit
  • Seminars and workshops to increase technical capacity among governments

Hands-on support

  • Quick-response to ad-hoc technical requests
  • In-country support to introduce PPP policies and programmes
  • Screening and developing of potential projects

Business plan for PPP Facility

  • Estimating demand for advisory assistance and investment needs
  • Defining the scope of services to be offered by the Facility
  • Funding mechanisms for project preparation costs

The aim is for the Facility to comprise a PPP implementation team that will work with governments to develop and implement sound policies and transactions. CDB is the primary implementing agency for the Facility. Substantial technical support will be provided by CDB’s multilateral development partners, while the PPP team builds its in-house technical capacity.  

Publications and Presentations:

  Study- Public Private Partnerships: Building on Early Lessons (PDF, 9.55 MB) Public-Private Partnership (PPP)                        

LAUNCH OF REGIONAL PUBLIC-PRIVATE PARTNERSHIPS (PPPS) SUPPORT FACILITY – MAY 20, 2015, ST. KITTS AND NEVIS

Opening Remarks: Dr. Warren Smith, President, CDB Presentation:  Mr. S. Brian Samuel, PPP Coordinator, CDB  

SEMINAR ON PUBLIC-PRIVATE PARTNERSHIPS IN THE CARIBBEAN: BUILDING ON EARLY LESSONS – MAY 28, 2014, GUYANA

Public-Private Partnerships in the Caribbean– Mr. Carl Howell, Economist  

 

 

 

News:

Public-Private Partnership Helpdesk launched

Third Public-Private Partnership (PPP) Bootcamp to be held in Kingston, Jamaica

CDB hosts Public-Private Partnerships ‘Boot Camp’ workshops for 40 regional participants

CDB Launches Regional PPP Support Facility 

Airport Expansions, Water Sanitation, Telecom among Areas of Opportunity for PPPs

CDB to Host Green Economy and Public Private Partnership Seminars in Suriname today

CDB and IFC Join Forces to Support Infrastructure PPPS in the Caribbean

CDB, IDB and World Bank Partner to Host Forum on the Role of Public-Private Partnerships for Sustainable Growth in the Caribbean

Videos:

Report – Third PPP Boot Camp

Overview- First PPP Boot Camp

Regional PPP Boot Camps start this September 2015