As part of the initiative, IFC organized a workshop -- the second in a series in South Asia -- in the capital. [break]
The workshop was attended by Finance Minister, officials of different ministries and Departments of Renewable Energy, Transportation, Civil Aviation, and Health Services and private sector members and other multilateral partners.
The workshop discussed ways to improve quality of services, gaining efficiency, and boosting economic growth through private participation in the development of social and physical infrastructure.
Government officials reiterated that public-private partnership was an important model for building new and modern airports and expressways that would boost tourism and social-infrastructure growth.
Specialists and expert speakers from different countries shared successful case studies and lessons gleaned through effective public-private partnerships from across the globe. They also highlighted benefits of public-private partnerships such as knowledge sharing, institution building, and building awareness on designing, structuring etc.
Speaking on the occasion, Finance Minister Surendra Pandey said that Nepal was working to build support for greater private participation in the country´s development through sustainable PPP models as part of the overall growth framework.
While expressing government´s commitment to facilitate the transition in a manner that would boost the country´s economic growth, he acknowledged that public-private partnership activity can make an important contribution to address the country´s immediate infrastructure needs and garnering needed funding for the purpose.
The workshop was organized in partnership with Ministry of Finance along with the World Bank and the World Bank Institute.
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