Sound PPP framework in place Sample Clauses

Sound PPP framework in place. A robust PPP framework can assist in improved risk allocation between the private and public sectors. Ideally, the private partner should bear the 1 ADB. Bangladesh Economic Quarterly Update. March–June 2015. Manila. 2 Government of the People’s Republic of Bangladesh. 2005. Unlocking the Potential–National Strategy for Accelerated Poverty Reduction. Dhaka. 3 Government of the People’s Republic of Bangladesh. 2012. Perspective Plan of Bangladesh 2010‒2021–Making Vision 2021 a Reality. Dhaka. 5 xxxx://xxx.xxxx.xxx.xx/download/ppp_office/PPP-Law-2015.pdf 8 Schedule 1 commercial risk of the project, whereas the Government should address political risks, including those related to appropriately addressing social and environmental concerns. The Government should also address the viability gap often resulting from the fact that private investors cannot fully appropriate the benefits from infrastructure investments. The recently approved PPP law paves the way for greater private participation in infrastructure development. It would now be important to move quickly to draft regulations and guidelines which can accelerate the use of PPPs in practice.
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Sound PPP framework in place. A robust PPP framework can assist in improved risk allocation between the private and public sectors. Ideally, the private partner should bear the 1 ADB. Bangladesh Economic Quarterly Update. March–June 2015. Manila.

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