EconStor >
European Investment Bank (EIB), Luxembourg >
EIB Papers, European Investment Bank (EIB) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/44847
  
Title:Private-public partnerships: Prerequisites for prime performance PDF Logo
Authors:Thomson, Campbell C.
Issue Date:2005
Citation:[Journal:] EIB Papers [ISSN:] 0257-7755 [Volume:] 10 [Year:] 2005 [Issue:] 2 [Pages:] 113-129
Abstract:This paper presents the findings of an evaluation of public-private partnership (PPP) projects financed by the EIB. The evaluation, carried out by Operations Evaluation of the EIB, suggests that EIB involvement can add financial and non-financial benefits and that PPP projects score well in terms of delivering infrastructure on time and budget. There is also evidence, however, that optimistic demand forecasts may compromise the efficiency and financial sustainability of some projects. A key finding of the evaluation is that, in reality, the choice was not so much between a PPP and traditional public procurement, as between a PPP project and no project, at least in the short to medium term. Key factors for success were the level of competition and the clarity of the project's output specification.
Document Type:Article
Appears in Collections:EIB Papers, European Investment Bank (EIB)

Files in This Item:
File Description SizeFormat
494495898.pdf1.73 MBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/44847

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.