Transcription of PUBLIC-PRIVATE PARTNERSHIP IN INFRASTRUCTURE
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PUBLIC-PRIVATE PARTNERSHIP IN INFRASTRUCTURE
A GUIDEBOOK ON PUBLIC-PRIVATE PARTNERSHIP IN INFRASTRUCTURE ECONOMIC AND SOCIAL COMMISSION FOR ASIA AND THE PACIFIC This Guidebook was developed by Mr. Abdul Quium of the Transport Division of ESCAP. Its development benefited from the work of the secretariat in the area of PUBLIC-PRIVATE PARTNERSHIP in INFRASTRUCTURE development and interaction with practitioners from many countries. The Guidebook is based on an earlier developed Primer on PUBLIC-PRIVATE partnerships in INFRASTRUCTURE development. The views presented in the Guidebook may not necessarily be considered to represent the official views of the Secretariat of the United Nations. The designation employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of the frontiers or boundaries.
costs incurred in these processes are called transaction costs, which include staff costs, placement fees and other financing costs, and advisory fees for investment bankers, lawyers, and consultants. Transaction costs may range from 1 to 2 percent to well over 10 per cent of the project cost. Experts suggest that transaction
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