The Office of Markets Development and Public-Private Partnership actively assists developing economies in attracting greater private investment and fostering dynamic private-sector led growth across Asia and the Pacific.
The infrastructure shortfall, along with weak capacity and insufficient project financing hold back economic growth and poverty alleviation in Asia and the Pacific.
PPPs play an important role in addressing the huge infrastructure investment gap in Asia and the Pacific.
PPPs can be used to finance and run not only traditional infrastructure, but also the transport sector, education, health, and other social sectors.
The Office of Markets Development and PPP (OMDP) is established to enhance the role of ADB in supporting and enabling Developing Member Countries (DMCs) to secure greater private investment and generate private sector-led growth in the region. OMDP will provide market-facing transaction advisory services and technical assistance for clients and the region leading to private investment and serve as a Private Sector Development (PSD) knowledge nexus, engage in internal and external advocacy and capacity building, creating an enabling environment, project preparation and structuring, and mobilizing and catalyzing financing.
Private capital mobilized
People benefitting
from infrastructure and social development PPPs
Active projects
contribute to climate operations
Source:
Asian Development Bank
PPPs are contractual arrangements where a government partners with the private sector to build and run an infrastructure, such as roads and highways, renewable energy plants, hospitals and schools.
PPPs tap into new technology and efficiency of the private sector to deliver Value For Money.
PPPs should demonstrate clear public benefit, sound bankability, and effective risk sharing —making it a win-win for both the public and private sector.
Head, Office of Markets Development and Public-Private Partnership