PPP leadership launched
Written on the 12 May 2009
BOND University has partnered with the Commonwealth Secretariat to deliver a public-private partnerships (PPP) leadership program to senior government officials from developing Pacific nations.
Associate professor Michael Regan of infrastructure at Bond says a large number of governments in developing parts of the world are examining alternative service delivery and asset creation models.
“PPPs are achieving value for money and lowering the cost of public procurement through optimal risk transfer and sharing between the public and private sector, the life-cycle costing of the project, and the encouragement of innovative design and technology,” says Regan.
“They account for around 10 per cent or less of public capital expenditure in most economies.”
Bond University is hosting member governments from India, Malaysia, Maldives, Pakistan, Sri Lanka, Nigeria, Kiribati, Papua New Guinea and Vanuatu.
The university is also offering annual scholarships in infrastructure management that will help applicants from developing countries bolster understanding and expertise.