1 option
Policy Note on Attracting Private Investment to Infrastructure in Peru : Achievements, Challenges and a Way Forward.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- World Bank Group.
- Series:
- Policy Notes.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Infrastructure.
- Infrastructure Economics and Finance.
- Private Participation in Infrastructure.
- Public Sector Development.
- Public Sector Management and Reform.
- Public-Private Partnerships.
- Transparency.
- Local Subjects:
- Infrastructure.
- Infrastructure Economics and Finance.
- Private Participation in Infrastructure.
- Public Sector Development.
- Public Sector Management and Reform.
- Public-Private Partnerships.
- Transparency.
- Other Title:
- Policy Note on Attracting Private Investment to Infrastructure in Peru
- Place of Publication:
- Washington, D.C. : The World Bank, 2020.
- System Details:
- data file
- Summary:
- Over the last fifteen years, Peru has mainstreamed Public Private Partnerships (PPPs) as a tool to address its infrastructure gap with 177 contracts registered since the start of the program in early 2000s and has strengthened its PPP framework through successive legal and institutional changes. These changes made the process more complex, but capacities within the system were not strengthened in parallel. Issues have surfaced over the past five years relating to lengthy structuring and implementation periods and corruption. The PPP program in Peru is going through a credibility crisis due to its incapacity to deliver the efficiency and quality required to meet stakeholder's expectations. This Policy Note presents an overview of the international experience with PPPs for development of infrastructure; provides an assessment of the PPP system in Peru and recommendations for strengthening it in key areas; and proposes a strategy for implementing the recommendations.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.