Stronger innovative partnerships between the public and private sectors will be needed to ensure existing PPP projects survive, as project survival is the only option. With decreased economic activity, PPP projects are going to experience considerable revenue challenges in the coming weeks, months, and (possibly) years.
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Working with private labs to boost testing capacity, the federal government is expected to make available 1.4m tests by next week and 5m within the month, according to administration estimates.
Narrowing Sub-Saharan Africa’s infrastructure gap could have a big effect on growth. For instance, growth of GDP per capita for the region would increase by estimated 1.7% per year, if the region
The contractual nature of PPPs acts as a powerful incentive to ensure that this long-term perspective is put into practice: the public sector can no longer procure infrastructure assets while failing to maintain them properly. At the same time, the private sector has incentives, as their capital is exposed to performance risk, to design and build these assets taking into account the costs of longer-term maintenance and renewal.