Benchmarking Infrastructure Development News Today

WASHINGTON, USA, 07 July 2023-/African Media Agency(AMA)/Public-Private Partnerships (PPPs) enable governments to procure and deliver public

Bennett Oghifo The World Bank Group has recommended that governments ensure full disclosure in respect of infrastructure projects proposed for public-private partnerships (PPPs) to remove elements of suspicion and to encourage acceptance. Nigerian governments, federal and states, have been struggling, unsuccessfully so far, to evolve sustainable PPPs, making it imperative for them to heed the World Bank’s advice. “At the World Bank Group, we believe that information is critical when governm...

When it comes to PPPs, ignorance is not bliss Image depicting a person performing an audit | © Shutterstock, create jobs 51 What you don’t know, can’t hurt you. Or so the saying goes. But when it comes to prioritizing and procuring infrastructure projects, ignorance is not bliss! At the World Bank Group, we believe that information is critical when governments make decisions about what infrastructure projects to prioritize; how people, businesses, and the environment will be affected; and ...