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Public–Private Partnership Development in Southeast Asia

Author

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  • Zen, Fauziah

    (Economic Research Institute for ASEAN and East Asia)

Abstract

Infrastructure development in Southeast Asia has been financed mainly by public funds, which leave wide gaps in majority of countries. Governments have tried to attract the private sector by offering various schemes under public–private partnership (PPP). Typically, PPP contributes less than 1% of gross domestic product, while public finance greatly varies from about 2% to 10% of a country’s gross domestic product. Among major factors supporting PPP implementation, the following features are critical: coherent policy, public sector capacity to manage PPP appropriately, public sector willingness to have mutual relation with private partners, and leadership. Private participation is still continuously growing; and its implementation is not limited to hard infrastructure only, but also to social infrastructure.

Suggested Citation

  • Zen, Fauziah, 2018. "Public–Private Partnership Development in Southeast Asia," ADB Economics Working Paper Series 553, Asian Development Bank.
    • Handle: RePEc:ris:adbewp:0553
    as

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    File URL: https://www.adb.org/publications/ppp-development-southeast-asia
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    References listed on IDEAS

    as
    1. Fauziah ZEN & Michael REGAN, . "Financing ASEAN Connectivity," Books, Economic Research Institute for ASEAN and East Asia (ERIA), number 2013-rpr-15 edited by Fauziah ZEN & Michael REGAN, November.
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    Cited by:

    1. Wisuttisak, Pornchai & Kim, Chul Ju & Rahim, Mia Mahmudur, 2021. "PPPs and challenges for competition law and policy in ASEAN," Economic Analysis and Policy, Elsevier, vol. 71(C), pages 291-306.

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    More about this item

    Keywords

    infrastructure development; private sector participation; public–private partnership; social infrastructures;
    All these keywords.

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

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