GLOBAL NEEDS AND TRENDS IN PUBLIC/PRIVATE PARTNERSHIPS
Abstract:There are many different kinds of Public/Private Partnerships (PPPs) in the world of water. Mostly the term PPP refers to an agreement between the public sector and a private sector entity, whereby both parties share risks, responsibilities and in some cases investment and where the private partner is operating on profit. PPPs of this kind can be found in the developed and in the less developed world. In the developed world where most of the water infrastructure is already existing, PPPs are one of many options of how to run the business. In opposite to this the absence of water infrastructure in many parts of the less developed world causes dramatic problems. Equipped with funds of donors PPPs quite often serve as the only solution to transport skills and some basic infrastructure to these parts of the world. Transparency and balanced contracts are needed to lead these projects to a success. – Besides these clearly defined PPPs (based on private law) there is a broad field of other Public/Private Partnerships collaborative projects and initiatives in the world of river basin management. The German Ruhrverband is a good example for such an institution. In Europe where some of these partnerships have quite a tradition the new European Water Framework Directive might require some changes within or around these partnerships.
Document Type: Research Article
Publication date: January 1, 2005
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