The Eurasian Development Bank (EDB) has identified five key drivers that can accelerate the development of public-private partnership (PPP) projects in Central Asia: budget support, earlier involvement of commercial banks and multilateral development banks, standardized PPP instruments and model templates, long-term PPP action plans, and the adoption of digital technologies.
Report's correspondent in Almaty quotes Svetlana Maslova, EDB Director for PPP Projects, as saying during the session "Public-Private Partnerships: Unlocking Eurasia's Future Investment Potential" at the bank's Annual Meeting and Business Forum, that the improvement of PPP mechanisms across Central Asian countries is supported by a broad range of enabling factors and incentive mechanisms.
"These include the participation of institutional investors, PPP centers with broad mandates, guarantee funds, monitoring and analysis of lessons learned from past projects, PPP project preparation facilities, digitalization, standardized PPP tools and templates, securitization, early-stage project preparation, long-term PPP action plans, earlier involvement of banks and multilateral development banks, as well as budget support," Maslova said.