KDI / ADB / ADBI / WBI Conference
Knowledge Sharing on Infrastructure Public-Private Partnerships in Asia
19-21 May 2009
Grand Hyatt Hotel, Seoul, Korea
Increased investments in infrastructure and social services are needed for enhancing and sustaining economic growth. However, infrastructure investment requirements that exceed readily available public sector resources have resulted in a funding backlog. As a result, public-private partnerships (PPPs) for infrastructure are being increasingly explored around the globe as a strategic approach for increasing investment for infrastructure development, expanding access to infrastructure services, and
achieving efficient and effective infrastructure service delivery.
While the impact of the global financial crisis on PPP for infrastructure is still being assessed, the fundamental components of PPPs - delivery of quality service, capturing efficiency gains through private sector participation, and sharing risks - will be as important as ever. In this challenging environment it is even more important for the lessons learned by mature PPP programs worldwide to be shared with those who are embarking on, or in the initial stages of launching their PPP programs/projects.
This conference, co-organized by KDI and ADB in collaboration with ADBI and WBI , offers a unique knowledge sharing opportunity for senior PPP and infrastructure policy makers and program managers from across the Asia-Pacific region, as well as globally, to engage in an in-depth review of the different components and salient features of the PPP program framework and multi-sectoral approach implemented by the Republic of Korea (Korea) for over a decade. The Korean PPP approach will be profiled together with approaches
and practices of other countries with advanced PPP programs from Asia, and globally. The comparative assessment of different country approaches to PPP program management and implementation will enable participating country delegates to explore alternative PPP approaches that may be relevant and pragmatic for the specific challenges faced in their countries
Word of Invitation
With investments in infrastructure and social services considered requisites for sustained economic growth, Public-Private Partnerships (PPPs) has been broadly recognized as an effective and appropriate mechanism to manage public investment in physical assets such as infrastructure. Active engagement and collaboration of both the public and private sectors will be as important as ever if a nation were to withstand the complexity of economic challenges facing the global financial crisis of today.
Korea Development Institute is kindly hosting this international conference on Knowledge Sharing on Infrastructure Public- Private Partnerships in Asia (Seoul, 19-21 May 2009) jointly with ADB in collaboration with ADBI and WBI. Its main objective is to increase the capacity of senior PPP and infrastructure policy makers and program managers from the Asia-Pacific region, focusing on the different components and salient features of the PPP framework and multi-sectoral approach implemented by the Republic of Korea.
A three-day workshop with field visits, the conference encompasses policy framework and legal approaches for PPPs in infrastructure, profiling together the approaches and practices of Korea, UK, Australia, India and Chile.
I am confident that this conference will be an excellent opportunity to openly discuss issues and challenges, paving the way for active engagement in the countries’endeavors to develop public and private partnerships in infrastructure. The conference, in this regard, will serve as a venue for building on the ground capacity in developing countries in the most effective and efficient way possible. I sincerely hope that you will join us making this important event a success. I look forward to welcoming you to
Seoul and to your valuable contribution. Thank you.
May 2009
Oh-Seok Hyun
President
Korea Development Institute
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