MasterSlide.pptVIP

ALAIN TERRAILLON European Investment Bank; ;Delivering public infrastructure through procuring services rather than capital assets Public sector defines service requirement Private sector designs, finances, builds, operates, (usually transfers) the asset Mainly private (not public) financing Fiscal environment EMU Does not exclude public component (e.g. from Structural / Cohesion Funds) Improve the efficiency and quality of public services Accelerating investment in infrastructure Achieving private sector efficiencies ; ; ;In principle, PPPs can improve VFM by: Facilitating and incentivising