As we emerge from the global pandemic, investing in infrastructure is even more critical to the development of our global economy and the achievement of our environmental and social objectives.
However, it is clear that governments alone cannot bear the financial burden. A reappraisal of the role of private sector investment and appropriate funding models internationally, including public-private partnerships (PPPs) by whatever name, is both vital and timely.
In a new global report, produced in partnership with DLA Piper, we assess the case for PPPs around the World, backed by multi-jurisdictional analysis from DLA Piper’s team of expert projects and infrastructure lawyers on the ground and the insight of GIIA members around the World.
Speaking on the launch of the report, GIIA CEO Lawrence Slade said:
“As Governments around the world look to kickstart their economies in the wake of COVID-19, public private partnerships present an opportunity to drive economic activity and deliver the cleaner, smarter infrastructure needed for future generations. Our latest report, ‘Public-private partnerships for infrastructure investment: a global perspective’, produced in partnership with DLA Piper, aims to stimulate dialogue with policy makers around the benefits of the public private partnership model drawing on examples from around the globe.”
DLA Piper Global Chair of Infrastructure Martin Nelson-Jones said:
“Post-COVID-19, governments around the world have a double challenge – how to finance infrastructure projects to boost economies at the same time as managing huge deficits. The private sector has the money and the appetite to invest, which should open the way to governments exploring partnership models. The UK once led the world on PPP then turned its back on it. Now, the UK needs to look again and may be able to draw on experience from the rest of the world on how to best utilise this resource.”