Public infrastructure and services are critical to sustained socio-economic development. However, improving existing infrastructure, building new facilities or service delivery is often beyond the budgetary capacity of many national governments.
Sub-national governments are not exempt from budgetary shortages either. With decentralization policies, sub-national governments like provinces or municipalities are given increasing responsibility in planning the socioeconomic development of their territories including building and improving infrastructure and services.
Public Private Partnerships (PPPs) often provide a convenient and cost-effective way for governments to stretch their limited resources through engagements with the private sector. Governments all around the globe have been enacting PPP laws and policies that set forth the mechanisms through which government entities at the central and sub-national levels can engage with private business entities and leverage their financial resources and expertise.
JESCA Solutions fully understands the prerequisites for the creation of favorable legal, regulatory and institutional framework for PPPs at the national and sub-national levels. We use the strength of our PPP services, team and networks to help clients: