ASEAN PPP: From Institutional Development to Streamlined Implementation
There is a growing momentum to set ambitious infrastructure development targets across member states of the Association of Southeast Asian Nations (ASEAN). With the aim of mobilising private resources, ASEAN member states have begun to put in a great deal of efforts to upgrade their enabling frameworks for public-private partnership (PPP). Yet, evidence suggests that implementation of PPP projects on the ground has fallen far behind expectations. This policy brief emphasises the importance of realistic and consistent project planning, preparation, and offering in streamlining the implementation process to accelerate PPP market development in ASEAN.