Tcrv ta 8799 ind supporting Public–Private Partnerships for Infrastructure Development
TECHNICAL ASSISTANCE COMPLETION REPORT VALIDATION REPORT
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- Approval Date 15 Dec 2014 Approved ($) 1,500,000.00 Signing Date
- Actual Completion Date 9 Jun 2020 Undisbursed ($) 1,049,136.00 Department
- Funding Technical Assistance Special Fund (TASF-other sources) Sector and Subsector
- TA Rationale
TECHNICAL ASSISTANCE COMPLETION REPORT VALIDATION REPORT
1 1. PROJECT DATA TA No. 8799 TA Name Supporting Public–Private Partnerships for Infrastructure Development Approval Date 15 Dec 2014 Approved ($) 1,500,000.00 Signing Date 20 Jan 2015 Revised ($) Not Applicable Country India Planned Completion Date 30 Jun 2017 Disbursed ($) 450,864.00 Actual Completion Date 9 Jun 2020 Undisbursed ($) 1,049,136.00 Department South Asia Department TA Type TRTA ( )
PATA ( ) CDTA ( ) RDTA ( ) PPTA ( ) RETA ( ) Source of Funding Technical Assistance Special Fund (TASF-other sources) Sector and Subsector Water and urban infrastructure and other services Executing Agency Department of Economic Affairs Ministry of Finance, Government of India CDTA = capacity development technical assistance, KSTA = knowledge and support technical assistance, PATA = policy and advisory technical assistance, PPTA = project preparation technical assistance, RDTA = research and development technical assistance, RETA = regional technical assistance, TA = technical assistance, TASF = technical assistance special fund, TRTA = transaction technical assistance. 2. DESIGN AND MONITORING FRAMEWORK AND RESULTS Objective The technical assistance (TA) aimed to improve public sector capacity to develop and implement infrastructure public–private partnership (PPP) projects in India. The expected impact was increased availability of infrastructure through PPPs. TA Rationale The Government of India has been promoting PPPs as an effective modality for bringing in private sector investment in developing quality infrastructure, which is seen as essential for removing key supply constraints on growth and promoting sustainable inclusive growth. India’s Twelfth Five Year Plan (2012–2017) emphasized the need to increase investment in infrastructure from about 7.2% of gross domestic product (GDP) to 9% of GDP by the end of 2017. 2 Since limited fiscal space put a constraint on public financing of infrastructure, t he government’s strategy was to encourage private sector participation, including through PPPs. The Twelfth Plan accordingly targeted 48% of infrastructure financing to come from the private sector (compared to 37% in the Eleventh Plan). In a joint effort, the government and the Asian Development Bank (ADB) had been providing comprehensive and structured support to mainstream PPPs through a series of eight TA projects since 2006 amounting to about $17 million. These previous TAs contributed to creating awareness, building capacity, strengthening the enabling environment including the policy and regulatory framework, and building a pipeline of PPP projects across certain assisted states. To ensure longer- term impact, the government requested ADB support to build on the experiences 1 Team Member: K. Ferl (validator), and D. Menezes (evaluator) 2 Government of India, Planning Commission. 2013. Twelfth Five Year Plan, 2012–2017 . New Delhi 2 INTERNAL. This information is accessible to ADB Management and staff. It may be shared outside ADB with appropriate permission. and lessons from the first phase and to address continuing and emerging challenges related to varying levels of PPP institutionalization and capacity needs, emerging regulatory and policy gaps, and to transition toward 3P India (a proposed institution for supporting PPPs). Download 381.52 Kb. Do'stlaringiz bilan baham: |
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