Asunción, Agencia IP.- The Inter-American Development Bank (IDB), in collaboration with Economist Impact, has launched the latest edition of Infrascope. The report highlights progress in the development of Public-Private Partnerships (PPPs) in infrastructure across Latin America and the Caribbean. It identifies Paraguay’s strengths and challenges.
The tool and report underscore the progress of PPPs in several countries across the region. They facilitate the development of efficient, sustainable, and inclusive infrastructure while strengthening regulatory frameworks and institutions.
Paraguay scored a general index of 50.7 out of 100 (14th out of 26 in the region), placing it above the average threshold for PPP development.
Recent legislative efforts in the country have resulted in one of the region’s most promising regulatory and institutional foundations for public-private relationships. However, the report identifies remaining gaps in financing, risk management, contract monitoring, and performance evaluation.
According to the report, Paraguay scored 86.2 in terms of institutional regulations, with strengths including comprehensive rules promoting competitive bidding and contracting, strong inter-institutional coordination, and consistent political support for PPPs.
However, it notes that the recently established PPP unit within the Ministry of Economy and Finance has a limited staff, making it challenging to handle project analyses efficiently.
Additionally, persistent regulatory gaps exist in contract monitoring, risk management, and disaster preparedness, highlighting the need for more guidance.
In terms of financing, the country struggles to attract foreign direct investment and lacks sufficient government financial support for PPPs, the report concludes.
According to the 2023/2024 Infrascope, countries in Latin America and the Caribbean have made progress in implementing PPPs in infrastructure yet still have opportunities to drive further improvements that benefit their citizens.
Over the past 30 years, the region has attracted approximately USD 760 billion in private capital for infrastructure. It is crucial to continue strengthening the region’s capacity to develop more efficient and sustainable PPPs.
In the region, Brazil, Chile, Colombia, Uruguay, and Peru have the highest levels of infrastructure development through PPPs.
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Publish date : 2024-10-29 00:41:00
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