The current COVID-19 crisis has strained infrastructure projects globally, and in particular public-private partnerships (PPPs), at all stages and in all sectors—with implications for governments, providers of infrastructure assets and services, their financiers, and end-users.
Most PPP infrastructure projects are, to some extent, influenced by social factors. Because of the COVID-19 crisis, most infrastructure has been adversely impacted. There are less cars on the road, which impacts road PPPs. There is reduced energy consumption, which affects power purchase agreements. And sports and event management PPPs (such as the Singapore Sports Hub) have not seen any events in more than six months.
While all players share a common goal: to prevent the failure of PPP programs and projects, actions taken so far have often been ad hoc and focused on remedying the pandemic’s effects in the short term. In most cases, governments and private sector consortia could rely on contractual clauses for relief management, which are customarily included in every PPP contracts.
However, six months into the pandemic, it becomes more and more visible that the end is not yet in sight. There’s now a need to move beyond short-termism and address holistic implications for the PPP model itself and infrastructure development more generally. It’s time to start contemplating and actively designing measures that account for the long-term implications of COVID-19 on PPP programs.
An opportunity to build better for the future
When beginning to think about corrective strategies for the long term, the pandemic—though grave in its impacts—holds a major opportunity to advance better PPP enabling frameworks going forward. Additionally, the pandemic provides us with insights the pros an cos of socially influenced infrastructure. And it brings new insights on how these lessons can be incorporated to build better PPPs in the future.
In this webinar, that is hosted by the World Association of PPP Units and Professionals, we will discuss the lessons of the global pandemic, and how they can help to strengthen PPPs in the future. A panel of experts from South-East-Asia will share their knowledge and expertise. Make sure you have the opportunity to join this free session.
Webinar Speakers and Bios
This webinar will be presented by the following panel of experts:
- Prof. Ilkwon Chea, Chief Researcher, Global Infrastructure Institute, Taiwan.
- Jan-Willem Middelburg, Managing Director, Cybiant
- Yoti Bisbey, PPP Specialist, The World Bank, Washington DC
- Yang Villa, Head of the Philippines, ISLE Utilities
- Dr. Ted Herbosa, Executive Vice President, Office of the President, University of the Phillipines