Realizing the Potential of Public–Private Partnerships to Advance Asia’s Infrastructure Development

Publication | January 2019

This publication shows how public–private partnerships (PPPs) can be effective to meet Asia’s growing infrastructure needs.

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It shows how governments and their development partners can use PPPs to promote more inclusive and sustainable growth. The study finds that successful PPP projects are predicated on well-designed contracts, a stable economy, good governance and sound regulations, and a high level of institutional capacity to handle PPPs. It is the result of a collaboration between ADB, the Korea Development Institute, and other experts that supported the theme chapter “Sustaining Development through Public–Private Partnership” of the Asian Development Outlook 2017 Update.



  • Chapter 1: Overview
  • Part I: The Benefits and Risks of Public–Private Partnerships
    • Chapter 2: The Empirical Evidence and Channels for Effective Public–Private Partnerships
    • Chapter 3: Assessing Risk in Public–Private Partnerships
  • Part II: Mobilizing Finance for Public–Private Partnerships
    • Chapter 4: Factors Influencing Bank Project Financing of Infrastructure Public–Private Partnership Projects in Developing Asia
    • Chapter 5: Syndicated Loans in Project Finance: Empirical Evidence from Asian Public–Private Partnership Markets
    • Chapter 6: Determinants of Public–Private Partnerships in Infrastructure in Emerging Economies
    • Chapter 7: Risk Mitigation and Sovereign Guarantees for Public–Private Partnerships in Developing Economies
  • Part III: Lessons from the Experience of Using Public–Private Partnerships in Developing Asia
    • Chapter 8: Delivering Economic Benefits from Public–Private Partnerships: The Experience of the Republic of Korea
    • Chapter 9: Public–Private Partnerships versus Traditional Procurement: A Comparison of Financing Modalities in the Republic of Korea
    • Chapter 10: Improving the Performance of Public–Private Partnerships in Infrastructure Services in Asia through Better Regulation
    • Chapter 11: Public–Private Partnership Development in Southeast Asia
    • Chapter 12: Public–Private Partnership Systems in the Republic of Korea, the Philippines, and Indonesia: A Comparative Review

Additional Details

  • ADB and Infrastructure
  • Energy
  • Information and Communications Technology
  • Private sector development
  • Public-Private Partnerships
  • Transport
  • Water
  • Indonesia
  • Korea, Republic of
  • Malaysia
  • Philippines
  • Thailand
  • Viet Nam
  • 358
  • 6 x 9
  • TCS189648-2
  • 978-92-9261-418-8 (print)
  • 978-92-9261-419-5 (electronic)

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