Study on Private Participation in Infrastructure in Tunisia
The study provides a detailed analysis of experiences in different countries, regarding private participation in key infrastructure sectors, examines the judicial and financial framework, and its impact (and incidence) on infrastructure private par...
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| Format: | Other Infrastructure Study |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2004/01/6073914/tunisia-study-private-participation-infrastructure-tunisia http://hdl.handle.net/10986/14408 |
| Summary: | The study provides a detailed analysis
of experiences in different countries, regarding private
participation in key infrastructure sectors, examines the
judicial and financial framework, and its impact (and
incidence) on infrastructure private participation (IPP).
The analysis provided a set of recommendations and actions
to be taken to facilitate the Government's elaboration
of a strategy for IPP, as well as a medium- and long-term
plan of action. Such recommendations were presented, and
discussed at a workshop held in Tunisia on December 2003
(volume 2). The study was implemented in two phases: 1)
diagnostic phase at the sectoral level; and, 2) the second
phase, covering the horizontal levels of IPP, and the
preparation of an IPP strategy and plan of action. Overall,
the objectives to be achieved call for improved quality and
cost management of public services, accelerated
infrastructure development to support growth and employment,
improved fiscal administration, knowledge transfer
concerning technology innovation and its management, and an
approach to stimulate the development of capital markets and
private industries within the infrastructure sector
nationwide. To attain those objectives the IPP strategy
proposes reforms within the long term vision, particularly
regarding infrastructure regulation and financial management
focused on competitiveness for public service efficiency.
Moreover, the report stipulates cost recovery is an
essential element within this strategy, as is subsidy
rationalization. But new IPP modes need to be introduced to
eventually expand applicability, considering the possibility
of establishing Design Build Operate/Finance (DBO/DBF)
mechanisms, which allow access to public finance, namely
bonds. The report reviews in depth the fundamentals and
principles of IPP, comparing international standards,
advantages, and risks involved. |
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