Private sector participation in infrastructures

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The transition has occurred at a time of wider experimentation worldwide with ways of financing and operating infrastructure services. The driving forces behind this trend have been dissatisfaction with the performance of incumbent operators and pressure to move away from state funding. This chapter examines the evolution of private sector participation (PSP) in the provision of infrastructure services in transition countries. PSP includes the disposal of assets and operating businesses, lease and management contracts for the operation of assets that continue in public ownership, and other arrangements whereby the private sector provides infrastructure services and takes on some business risks.

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