“A long-term contract between a public party and a private party for the development (or significant upgrade or renovation) and management of a public asset (including potentially management of a related public service), in which the private party bears significant risk and management responsibility throughout the life of the contract, provides a significant portion of the finance at its own risk, and remuneration is significantly linked to performance and/or the demand or use of the asset or service so as to align the interests of both parties.” (World Bank)
“A People First Public Private Partnership is a long-term contractual relationship between the public and private sector, where delivering value for people is the core objective, there is a commitment to serving and protecting the community, and the project is developed with the real interest of people in mind.” (UNECE)
This new generation of PPP goes beyond “Value for Money” and focuses on Human and Community Development as priorities and motivation for developing PPP Projects. Socio-economic benefits are not only the result or byproduct of project implementation but rather is the core where the emphasis is on People and Human Development and this objective is incorporated from the start in the Project Design and Framework.
Economic Infrastructure Projects include Ports, Airports, Toll Roads, High Speed Rails, Rail Links, Water Treatment and Waste-to-Energy Plants.
In the Energy Sector it includes Power Plants, Gas Pipelines, Electricity Transmission Lines, Renewable Energy and Energy Efficiency Projects.
Social Infrastructure Projects include Social Housing, Hospitals, Schools, Universities, Sports Centres, Prisons, and Government Offices.
Anglo Euro Developers is involved in capacity building through its Certified Public Private Partnerships Professional (CP3P) Program. Anglo Euro Developers is an Accredited Training Organisation for the CP3P program, an innovation of the World Bank Group, Asian Development Bank, Inter-American Development Bank, European Bank of Reconstruction and Development and Islamic Development Bank.
CP3P is the definitive credential and career path to demonstrate that your knowledge and abilities are aligned with international PPP good practice. The credentials attained is recognised globally and can be inserted after your name as a professional accreditation.
Capacity building greatly benefits Stakeholders, Partners, Ministries, State-Owned Enterprises, Provincial Governments and the Private Sectors, who are involved in development of economic and social infrastructure projects.
The PPP Certification Program Guide compiles good practices in the PPP industry and is organised into 8 modules that reflect the stages of a PPP project lifecycle.