Building Trust with All Stakeholders Is Vital for Success : Implementing a Public-Private Partnership in the Electricity Sector in Guinea
Fragile and conflict-affected states (FCS) face specific socioeconomic and political challenges that hinder their ability to improve infrastructure anddrive economic growth. Implementation of public-private partnership (PPP)transactions in FCS is u...
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| Language: | English en_US |
| Published: |
International Finance Corporation, Washington, DC
2016
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2016/08/26730604/building-trust-all-stakeholders-vital-success-implementing-public-private-partnership-electricity-sector-guinea http://hdl.handle.net/10986/25028 |
| Summary: | Fragile and conflict-affected states
(FCS) face specific socioeconomic and political challenges
that hinder their ability to improve infrastructure anddrive
economic growth. Implementation of public-private
partnership (PPP)transactions in FCS is usually hampered by
weak institutional structures and capacity, limited or
lacking PPP experience, and an uncertain businessenvironment
complicated by fragile politics and security issues.
However,it is still possible for governments to define
workable and desirable PPParrangements that will help
deliver public service and infrastructure improvements by
attracting the necessary investments and expertise. This
SmartLesson examines how IFC’s PPP Transaction Advisory
group (C3P),in collaboration with the World Bank and the
government of Guinea,successfully introduced an innovative
PPP in Guinea’s national electricity utility by pooling
World Bank Group resources and building the trust of our
Guinea counterparts—and attracted private sector interest in
Guinea amid ongoing political transition and a health scare
from the Ebola epidemic. |
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