Following a successful privatization program in the road sector, India is ready to export its Public Private Partnerships (PPP) model to neighboring Sri Lanka, with collaborative exchanges in implementation policies, financial guidelines, documentation and bidding processes already ongoing between the two governments. “India has been through the various stages of privatization – from Build-Operate-Transfer (annuity) to BOT (toll) and now to Design-Build-Finance-Operate (DBFO),” said Akhileshwar Sahay of Feedback Ventures, a consultancy firm that advises the Asian Development Bank in Sri Lanka. “Given the geographical and cultural proximity of the two countries, an Indian PPP model suitably tweaked can be applied to Sri Lanka as well,” he added. (Source: India exports PPP model for road-building to Lanka/Indian Express)
