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Developing Public-Private Partnerships in Liberia

AIRPORTS BEST PRACTICES BRIDGE BULK WATER BULK WATER SUPPLY BUSINESSES CAPABILITY CAPACITY BUILDING CAPACITY-BUILDING CAPITAL CONSTRAINTS CAPITAL COSTS CAPITAL INVESTMENT CARGO CASH FLOW CHEAPER POWER COLLECTION EFFICIENCY COMMERCIAL RISKS COMMODITY COMPETITIVE BIDDING COMPETITIVE BIDDING PROCESS COMPETITIVENESS CONCESSION CONCESSION AGREEMENTS CONCESSION AREAS CONCESSION ARRANGEMENTS CONCESSION CONTRACT CONCESSION CONTRACTS CONCESSION MODEL CONCESSION PROCESS CONCESSIONAIRES CONCESSIONS CONTAINER PORT CONTRACT PERFORMANCE COPYRIGHT CORRIDOR INVESTMENT CREDITWORTHINESS CUSTOMER BASE CUSTOMS DEBT DISTRIBUTION SYSTEM DIVESTITURE DRIVERS DUE DILIGENCE E-MAIL ECONOMIC BENEFITS ECONOMIC GROWTH ECONOMIC RISKS ECONOMIES OF SCALE ELECTRICITY ENABLING ENVIRONMENT ENABLING ENVIRONMENTS ENTERPRISE DEVELOPMENT ENTRY POINT ENVIRONMENTS EXCESS CAPACITY EXCESS POWER EXPENDITURES EXTERNAL CONSULTANTS FEEDER ROADS FINANCIAL ANALYSIS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL TERMS FINANCIAL VIABILITY FISHING FIXED FEE FOOD PRODUCTION FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FORESTRY FREIGHT FREIGHT COSTS FREIGHT TRAFFIC FUEL FUEL OIL FUNCTIONALITY GENERATION GENERATORS GOVERNMENT APPROVAL GOVERNMENT ENTITY HEAVY GOODS VEHICLES HUMAN CAPACITY HUMAN CAPITAL INDEXATION FORMULAS INFRASTRUCTURE CAPACITY INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE DEVELOPMENT PROJECTS INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PLANNING INFRASTRUCTURE POLICY INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE REHABILITATION INFRASTRUCTURE SECTOR INFRASTRUCTURE SERVICES INSTITUTION INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INTERFACE INTERNATIONAL BEST PRACTICE INTERNATIONAL CONSULTANTS INTERNATIONAL FINANCE INVESTMENT CLIMATE INVESTMENT RISKS LEASE CONTRACT LEASE FEE LEGAL FRAMEWORK LICENSE LICENSE FEE LICENSES MAINTENANCE CONTRACTS MANAGEMENT CONTRACTS MANAGEMENT FEE MATERIAL MINES MOBILE TELEPHONY NATIONAL ACCOUNTING NATIONAL INFRASTRUCTURE NATURAL RESOURCE NATURAL RESOURCES O&M OPERATIONAL EFFICIENCY PDF PERFORMANCE TARGETS PERVERSE INCENTIVES PIERS POLICY FRAMEWORK POLITICAL ECONOMY PORT AUTHORITY PORT CHARGES PORT CONCESSIONS PORT FACILITIES PORT OPERATIONS POWER POWER DISTRIBUTION POWER SECTOR PRIVATE INVESTMENT PRIVATE OPERATORS PRIVATE PARTNERSHIP PRIVATE PARTNERSHIPS PRIVATE SECTOR PRIVATE SECTOR ACTIVITY PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR ENGAGEMENT PRIVATE SECTOR INVESTMENT PRIVATE SECTOR PARTICIPATION PROCUREMENT PROCESS PRODUCTIVITY PROVISION OF INFRASTRUCTURE PROVISIONS PUBLIC PUBLIC DEBT PUBLIC EXPENDITURES PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC MANAGEMENT PUBLIC PROCUREMENT PUBLIC PROPERTY PUBLIC SECTOR PUBLIC SECTOR INFRASTRUCTURE PUBLIC SERVICE PUBLIC SERVICE PROVIDER PUBLIC SERVICES PUBLIC WORKS QUERIES RAIL RAIL FREIGHT RAIL INFRASTRUCTURE RAIL TRANSPORT RAILROADS RAILWAY RAILWAY LINE RAILWAYS REGULATORY FRAMEWORK RESULT RESULTS RIGHTS OF ACCESS RISK ALLOCATION ROAD ROAD DAMAGE ROAD INFRASTRUCTURE ROAD NETWORKS ROAD PROJECTS ROADS RURAL ROADS SANITATION SANITATION SERVICES SAVINGS SERVICE CONTRACTS SOCIAL DEVELOPMENT SOCIAL SERVICE SOCIAL SERVICES SOLID WASTE COLLECTION TAX TAX RATES TECHNICAL ASSISTANCE TECHNICAL EXPERTS TELECOM TELEPHONE TERMINAL OPERATORS TIMBER TOLL TRAINS TRANSACTION TRANSACTION COSTS TRANSMISSION TRANSMISSION LINES TRANSPARENCY TRANSPORT TRANSPORT SECTOR TRANSPORTATION TRANSPORTATION NETWORK TREASURY USER USER CHARGES USES VALUE CHAINS WATER DISTRIBUTION WATER TARIFFS
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World Bank
Africa | West Africa | Sub-Saharan Africa | Liberia
2012-03-19T08:44:23Z | 2012-03-19T08:44:23Z | 2012

The Government of Liberia is in the process of developing a new Poverty Reduction Strategy (PRS) that is intended to determine its path toward middle-income status. One central aspect of the strategy is likely to be a stronger focus on inclusive growth. This will mean that higher priority will be placed on growing the local private sector, and broadening the base of the economy. Public-private partnerships (PPPs) in infrastructure and services can be a key instrument for achieving these goals especially in an economy like Liberia. The analysis contained in this study identifies the steps toward establishing PPPs as both a policy instrument and method for deepening private sector investment in Liberia. Liberia's rich natural resource endowments have played a fundamental role in the way in which the economy has developed, and in the way in which Government manages private investment in extractive industries. The Government itself has a long history of entering into concession contracts with private investors and operators. Firestone rubber first signed a concession agreement in 1926, and re-signed their concession to last until 2041. More recently, the Government of Liberia has entered into several large natural resource and mining concession contracts that will see large sums of private sector capital invested onshore. This study is one element of a multi-faceted effort to support local private sector and financial sector development in Liberia. It takes into close account the Government's focus on job-creation, the post-conflict dynamics in the country, and Liberia's reliance on extractive industries as a primary source of revenue. The analysis also builds on previous economic sector work that has looked closely at how to stimulate private sector growth and investment, how to support small and medium-size enterprise (SME), and how to leverage existing private sector investment to generate deeper local markets and create new jobs.

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