ERIA launched ASEAN PPP Guidelines
The Economic Research Institute for ASEAN and East Asia (ERIA) has launched ASEAN Public-Private Partnership (PPP) Guidelines at the first PPP Networking Forum in Manila, the Philippines, organized by the Philippine Permanent Mission to ASEAN.
The Guidelines were handed over to the Chair of the ASEAN Connectivity Coordinating Committee (ACCC), H.E. Min Lwin by Mr. Yasushi Iwata, General Manager of ERIA at the opening session of the event.
The ASEAN PPP Guidelines are designed for ASEAN nations and provide a common set of policy principles for member countries. The Guidelines offer a broad framework based on best practice standards that will help government departments to manage the processes and procedures that need to be taken when implementing PPP projects. The common policy principles would provide consistency, confidence and certainty to foreign private investors and help facilitate cross-border PPP projects and enhance greater connectivity through harmonisation of member's regulatory requirements.
The PPP Guidelines for ASEAN nations were prepared by ERIA, the Jakarta-based international economic organization, through a close communication with the ASEAN Secretariat and active contributions from the members of the ACCC. As the scope of the Guidelines covers member countries at the initial stage of PPP policy, in August 2014, ERIA hold workshop series on a draft of the Guidelines in Cambodia, Lao PDR and Myanmar (CLM) for the purpose of obtaining feedback from potential users in those countries.
Through the drafting process, ERIA has also arranged several technical meetings wherein valuable inputs from experts or decision makers of international organizations, academe, or AMS governments were shared. In this respect, this establishment of the ASEAN PPP Guidelines has been greatly encouraged and supported by a various stakeholders in policy formulation or implementation fields of PPP in the region.
ERIA, together with EU (EU ARISE), is a sponsor of the two-day Forum which was organized by the Philippine Permanent Mission to ASEAN in collaboration with the ACCC, Department of Foreign Affairs (DFA) ASEAN Economic Community (AEC) Division and the PPP Center of the Philippines. The project leader of the Guidelines, Dr. Fauziah Zen, Economist of ERIA, explained some of the key proposed principals in the ASEAN Guidelines to representatives from the private sector, financing institutions, or development partners.