Jeffrey Delmon – författare

Airport development is critical to economic growth and poverty reduction. This book will help decision-makers assess whether Public Private Partnerships (PPP) might be a viable option to meet their airport development requirements. It walks the reader through the airport PPP process, from early preparation to bringing the project to market and managing the project during implementation. The book will help eradicate misconceptions about the role of the private sector in airport infrastructure.

A Decision-Makers Guide to Public Private Partnerships in Airports provides an essential guide for those in a position to make decisions linked to airport development, to their advisers, their staff and also to students wishing to understand airport PPP.

Airport development is critical to economic growth and poverty reduction. This book will help decision-makers assess whether Public Private Partnerships (PPP) might be a viable option to meet their airport development requirements. It walks the reader through the airport PPP process, from early preparation to bringing the project to market and managing the project during implementation. The book will help eradicate misconceptions about the role of the private sector in airport infrastructure.

A Decision-Makers Guide to Public Private Partnerships in Airports provides an essential guide for those in a position to make decisions linked to airport development, to their advisers, their staff and also to students wishing to understand airport PPP.

Project finance through public–private partnerships (PPP) can offer private investors the security that allows them to fill the huge gap of unmet need left over when sources of public and donor financing are exhausted. PPP can increase the proportion of large-scale infrastructure projects delivered on time and on budget, increase innovation and competition, enhance project evaluation and due diligence, prioritize value for money, and provide new opportunities for local capital markets. However, the recent financial crises, the market doldrums that have followed, and the cautious response of financial regulators have substantially reduced the financing available for PPP projects. Accordingly, governments and business entities need to focus more than ever on managing lenders and on creating the right framework for PPP.

This book’s analysis promotes a new, dynamic, iterative process supported by different functions and actors within the government, the private sector, and communities seeking infrastructure. The author, a highly experienced World Bank development agent and preeminent authority on PPP, fully describes the elements that make up an effective PPP framework in the current economic environment. In great detail he covers such topics as the following:

The focus throughout is on learning by doing as an important part of identifying gaps in the investment climate.

This book will be of great value to governments and multinational corporations engaged in construction projects, as well as the financial institutions that handle their credit and financing. Economists and policymakers in government and relevant regional and global institutions will also find much here that clarifies and facilitates solving the problems that inevitably arise at the many stages of an infrastructure project.

A Legal Guide to Key Growth Markets provides a summary of the key legal issues relevant to PPP and project financing in strategic growth markets. Each summary is prepared by top rated legal practices, with extensive experience in commercial and financial law, and at the forefront of PPP and project finance in their respective jurisdictions. The legal issues addressed highlight the most fundamental legal concerns that investors will have with the enabling environment when contemplating a PPP in a growth market.

The past five years have raised some serious new challenges, capital surplus, a global pandemic, debt crises, and a global economic crisis. While the responses to these challenges are complex, the fundamentals remain the same. Infrastructure remains a moral and economic imperative, as well as a good investment. However, many governments that would like to increase their infrastructure investment have limited capital, with infrastructure facing stiff competition from alternative uses of public funds.

Public-Private Partnerships (PPPs) are part of a fundamental, global shift in the role of government – from being the direct provider of public services to becoming the planner, facilitator, contract manager and/or regulator who ensures that local services are available, reliable, meet key quality standards, and are affordable for users and the economy.

This rich and practical book, now in its fourth edition, shows how the private sector (through – PPPs) can provide more efficient procurement through cheaper, faster, and better quality; refocus infrastructure services on service delivery, consumer satisfaction and life cycle maintenance; and provide new sources of innovation, technological advances and investment, including through limited recourse debt (i.e., project financing). This book provides a practical guide to PPP in all the following ways and more:

Specific discussion of each infrastructure sector (including local government) is provided.

Lawyers and business people, engineers, development specialists, banking and insurance professionals, and academics will all find this book a useful guide for planning, designing and implementing PPP projects and programmes.