Full Description
Public-Private Partnerships (PPPs) have increasingly emerged as a valuable mechanism for drawing in investment and expertise from the private sector to meet public infrastructure needs. PPPs involving transboundary international waters require particular attention given their huge potential for social and environmental impact. Transboundary Waters, Infrastructure Development and Public Private Partnership examines what PPPs are and how they function in the context of transboundary waters. It explains how environmental and social "safeguards" operate in relation to PPPs and transboundary waters in light of the Nam Theun 2 and the Xayaburi Hydroelectric Power projects in Laos PDR. Finally, it draws important lessons from their contractual arrangements, costs, financing and risk mitigation that are relevant to PPPs in other transboundary waters matters.
Contents
Transboundary Waters, Infrastructure Development and Public Private Partnership: Through the Prism of the Nam Theun 2 and Xayaburi Hydropower Projects
Abstract
Keywords
Introduction
A Public-Private Partnerships
B International Watercourses Law and PPPs
C The Governance of PPPs through 'Policies' of Multilateral Development Banks
D The Mekong River Basin, the 1995 Mekong Agreement and the Nam Theun 2 Hydropower Project
E Contractual Structure
F Project Cost and Financing/Risk Mitigation
G Xayaburi Project
H Concluding Remarks
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