Public - Private Cooperation in Urban Development
The Challenge
- 4 billion people in Asia in
10 - 15 years
- 2 billion in 30 megacities
over 5 million population
- But only 6 such megacities
in Europe
- Huge backlog of
infrastructure and maintenance
- Rural - urban migration and
birth rates add to...
- Massive pressure to provide
new infrastructure - and to upgrade current stock
- But public sector funding
inadequate
Tasman Asia Pacific capacity
- Tasman has
used its expertise on public private partnerships and urban
development to advise on how to meet the challenge
- Models of
tariff setting and regulation have been developed that give
assurance to private sector investors so that cash flow
risks are manageable
- So long as
Governments stand behind a strong regulatory process
- Partnership
models now proven to work in a wide range of countries
- Asian
currency crisis has shown problems of models based largely
on foreign funds
- The "new
wave" models capable of being financed underwritten by local
customer and local currency accounts
See a Powerpoint presentation on this topic by Dr Michael Porter
at ADB Annual General Meeting in Geneva, 1998
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