Regional: Law and Policy Development for Private Sector and Public-Private Partnership Projects

Sovereign Project | 55058-001

The knowledge and support technical assistance (TA) will provide selected developing member countries (DMCs) of the Asian Development Bank (ADB) with policy advice, capacity building, and knowledge resources to create the legal and policy environment for private sector investment and public-private partnership (PPP) projects. The TA will build on and supplement other ADB initiatives to foster PPP-enabling reforms and promote private sector participation, and deliver targeted assistance, as identified in consultation with ADB departments and offices as well as government and court authorities.

Project Details

Project Name Law and Policy Development for Private Sector and Public-Private Partnership Projects
Project Number 55058-001
Country Regional
Armenia
Bhutan
Indonesia
Kazakhstan
Kyrgyz Republic
Mongolia
Tajikistan
Viet Nam
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6855-REG: Law and Policy Development for Private Sector and Public-Private Partnership Projects
Technical Assistance Special Fund US$ 1.54 million
Strategic Agendas Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Finance / Finance sector development - Money and capital markets

Gender Equity and Mainstreaming Some gender elements
Description

The knowledge and support technical assistance (TA) will provide selected developing member countries (DMCs) of the Asian Development Bank (ADB) with policy advice, capacity building, and knowledge resources to create the legal and policy environment for private sector investment and public-private partnership (PPP) projects. The TA will build on and supplement other ADB initiatives to foster PPP-enabling reforms and promote private sector participation, and deliver targeted assistance, as identified in consultation with ADB departments and offices as well as government and court authorities.

The TA is aligned with ADB's Strategy 2030 and the goal of expanding private sector operations. This includes scaling up assistance for PPPs to support ADB's seven operational priorities and also underpins the planning directions for 2021--building the capacity of DMCs for implementing PPPs, and strengthening the enabling environment for PPPs in coordination with the regional departments, the Private Sector Operations Department (PSOD), and the PPP Thematic Group Secretariat. The TA will also support (i) the Operational Plan for Private Sector Operations: 2019-2024; and (ii) the United Nations Sustainable Development Goals (SDGs) 9 (industry, innovation, and infrastructure); 16 (peace, justice, and strong institutions); and 17 (partnerships for the goals).

Project Rationale and Linkage to Country/Regional Strategy The private sector has contributed significantly to economic growth in the Asia and Pacific region, generating jobs, tax revenues, and many innovations that improve efficiency and productivity. Private sector resources will also be needed to tackle a regional infrastructure gap of about $1.7 trillion per year. However, to increase private sector investment and bridge that gap, DMCs first need to create or strengthen certain critical building blocks.
Impact Private sector investment and operations (including PPPs) in selected DMCs to support ADB's seven operational priorities (Strategy 2030)a and Sustainable Development Goals 9, 16, and 17 increased.
Project Outcome
Description of Outcome Legal, regulatory, and policy framework for selected DMCs; and capacity development for private sector development and the financing of infrastructure projects, including those implemented as PPPs, improved
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Legal, regulatory, and policy framework for private sector investment improved

Model template documentation for infrastructure projects developed

Capacity of key public sector agencies and government stakeholders strengthened

Knowledge resources on private sector and PPP projects prepared

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Armenia - Nation-wide; Bhutan - Nation-wide; Indonesia - Nation-wide; Kazakhstan - Nation-wide; Kyrgyz Republic - Nation-wide; Mongolia - Nation-wide; Tajikistan - Nation-wide; Viet Nam - Nation-wide
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Day, Minh
Responsible ADB Department Office of the General Counsel
Responsible ADB Division Office of the General Counsel
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
Timetable
Concept Clearance 18 Aug 2021
Fact Finding 27 Jan 2021 to 27 Jan 2021
MRM -
Approval 07 Dec 2021
Last Review Mission -
Last PDS Update 16 Dec 2021

TA 6855-REG

Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,539,000.00 0.00 0.00 0.00 0.00 0.00 1,539,000.00 - 0.00

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Related Publications

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Tenders

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Procurement Plan

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