The UN, UNECE, BRICS and 170 member countries acknowledge the role of the private sector as an important partner in attaining the Sustainable Development Goals of the country/countries to ensure lawful business, provide a wide range of employment to jobless and help in public economy growth. The enactment of the Public-Private Partnership (PPP) Program is one of the best historical, well experimented and government solutions in speeding up the country’s infrastructure development and sustained economic growth.
Conducted by the ethics of transparency, accountability, and good supremacy, the Program will engage the private sector as vital partners who can fund essential infrastructure projects that will deliver much needed services for its growing population.
Under the guarantee of good supremacy, all PPP member countries guarantee that the private sector will be able to do business in an environment that nurtures adequate and transparent transactions. Government ensures that the interests of both the private sector and its citizens are stabilized, where policies and procedures are frequently improved.
Under the PPP Program, international and local implementing agencies are continually supported to assume PPP projects through the provision of technical and capacity building support in all aspects of the PPP project development and realization cycle.
The vigorous pipeline of PPP projects is an outcome of the government’s continuing efforts to deliver viable and well-structured proposals that will attract investors to bring their business to the PPP project(s) owner country or entity.
The PPP Union notices that the PPP Program as a trustworthy and solid approach to effectively distribute public services, and create more job opportunities, through a vigorous and solid infrastructure program.