The Maldives is an upper middle-income country that is largely dependent upon tourism to sustain its economy. Investment in economic and social infrastructure projects is critical to enhance tourism capacity and productivity and contribute to poverty reduction and improved living standards. PPPs mechanisms provide a good opportunity for the private sector to invest in infrastructure development in collaboration with the government. As a key technical advisor for the USAID funded project, assistance was provided to the Government of Maldives to prioritize infrastructure projects that provided the highest returns, attracted private investment and reduced dependence on high-risk and expensive debt financing. A Charter for a National PPP unit was developed with comprehensive PPP Guidance documentation including PPP Procurement guidelines. Capacity building activities were undertaken and a PPP Advisory Unit was established to support ministries and assist private investors to develop projects by adopting performance-based budgeting and transparency in all contracting activities.
Consultants
to the Development World ™
