GRIDLINES Sharing knowledge, experiences, and innovations in public-private partnerships in infrastructure PUBLIC-PRIVATE INFRASTRUCTURE ADVISORY FACILITY PUBLIC-PRIVATE INFRASTRUCTURE ADVISORY FACILITY PUBLIC-PRIVATE INFRASTRUCTURE ADVISORY FACILITY PUBL

Helping to eliminate poverty and achieve sustainable development through public-private partnerships in infrastructure noTE no. 18 – Mar. 2007 In Africa it is becoming clear that the reasons for the shortage of infrastructure investment go beyond the need for policy and gover-nance reforms. But the key problem is not a lack of funding, as might be expected. Instead, it is the lack of packaged, bankable projects— which in turn points to a need for more and better project preparation. But understand-ing this is only a beginning. African policy makers face special obstacles when it comes to adequate project preparation. Their work to resolve these problems is generating important lessons for other low-income regions. Country officials, development experts, an