Private solutions for infrastructure : opportunities for the Philippines.

Format:

Book

Contributor:

World Bank.

Public-Private Infrastructure Advisory Facility.

Series:

Country framework report

Language:

English

Subjects (All):

Infrastructure (Economics)--Philippines.

Infrastructure (Economics).

Privatization--Philippines.

Privatization.

Philippines.

Physical Description:

vi, 69 pages : illustrations ; 28 cm.

Place of Publication:

Washington, D.C. : World Bank : Public-Private Infrastructure Advisory Facility, 2000.

Summary:

This report is one of the first of a series of reviews aimed at improving the environment for private sector involvement in infrastructure. Prepared at the request of the Philippines Government, the report to describes and assesses the current status and performance of key infrastructure sectors and the policy, regulatory and institutional environment for involving the private sector in those sectors. Its purpose is to assist policy makers in framing future reform and development strategies and to assist potential private sector investors in assessing investment opportunities. The Philippine government has been committed to private participation in infrastructure since the early 1990s and has attracted private participation in key sectors. Challenges lie ahead and the Government will need to prioritise its objectives and create an environment in which private participation can be replicated across sectors, throughout the country. Three types of reform will be critical: sector-specific reforms, financial reforms and institutional reforms to simplify and rationalise the design and implementation of private infrastructure projects and privatisation strategies. It will be essential to establish regulators that are independent of regulated firms, consumers, private investors and the political authorities.

Notes:

Includes bibliographical references (page 69).

ISBN:

0821348736

OCLC:

45314681