Moreover, it was stressed that Public Private Partnerships are not a panacea to all development plans; not more than 10-15 percent of all transport investment is likely to attract private funding and private participation; it must be born in mind that they offer deferred payment; in this field, basic prerequisites must be respected, including the need for clear legal and regulatory framework, cost and risk sharing, as well as room for negotiations and flexibility.
Moreover, it was stressed that Public Private Partnerships are not a panacea to all development plans; not more than 10-15 percent of all transport investment is likely to attract private funding and private participation; it must be born in mind that they offer deferred payment; in this field, basic prerequisites must be respected, including the need for clear legal and regulatory framework, cost and risk sharing, as well as room for negotiations and flexibility.