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The Investor 5
Investment Note
The role of Public-Private Partnerships in
developing Kuwait’s
infrastructure
eveloped countries and many emerging economies have been turning to new financing strategies to fund
crucial infrastructure projects with Public-Private Partnerships (PPPs) being an increasingly popular model
Din the world, particularly in power & water, healthcare, education, transportation, and infrastructure
projects. Creation of durable and high quality infrastructure is a prerequisite for rapid economic development and
requires sustained investments supported by technological innovation, a skilled workforce and excellent project
management. The task of pooling together all these resources often proves to be a burden far too heavy for the
government to carry alone. This realization has brought together the public and the private sector in a mutually
beneficial relationship in the form of Public-Private Partnerships (PPPs) to execute not only infrastructure projects
but also engender innovative strategies for social development. In Kuwait, PPPs have typically taken the form of
build-operate-transfer (BOT) contracts.
October 2017 Issue 1
