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PPPs(public-private partnerships) : Experiences of Korea

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Viability gap funding‚ land acquisition fund in offing
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 KATHMANDU: The government is mulling over institutionalising the practice of providing viability gap funding and creating a revolving fund for land acquisition to encourage the private sector to invest in development, reconstruction and operation of public infrastructure, like roads, hydro plants and bridges. These provisions will be included in the Public Private Partnership (PPP) Policy, which the Ministry of Finance (MoF) and the National Planning Commission (NPC) are jointly framing at the moment. “We are planning to table the draft of the policy at the Cabinet for approval by mid-March,” Surya Prasad Acharya, chief of the Economic Policy Analysis Division at the MoF, told The Himalayan Times. “Once the policy is endorsed, we will start drafting the PPP Act.” One of the aims of the PPP Policy is to ensure ‘maximum utilisation of entrepreneurship, capacity, efficiency, technology and effectiveness of the private sector for development, reconstruction, operation and management of public infrastructure and services’ in the country, says the draft policy.
• See more at: http://www.thehimalayantimes.com/fullNews.php?headline=Viability+gap+funding%26sbquo%3B+land+acquisition+fund+in+offing&NewsID=443788#sthash.vQTjTUeU. dpuf
Source: The Himalayan Times, Last Updated At: 2015-02-06 8:44 PM
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Viability Gap Funding Land acquisition fun


Full Text
Title PPPs(public-private partnerships)
Similar Titles
Sub Title

Experiences of Korea

Material Type Proceedings
Author(English)

Park, Hyeon

Publisher

[Seoul]:University of Seoul

Date 2015-02
Pages 71
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Holding University of Seoul; KDI School