smartlessons
Message rom the Director
Access to electricity, clean water, sanitation services, a transportation network,basic health care, and education are critical to improved living standards and
economic development.
In developing countries, the public sector alone cannot deliver the resourcesneeded to increase access to these basic public services. Analysts estimate that
investments in inrastructure should be seven to nine percent o GDP to sustain
broader economic growth and reduce poverty. Yet, on average, developing countries
invest less than our percent o their GDP in inrastructure each year. Private
sector engagement is necessary to close that gap.
IFC Advisory Services in Public -Private Partnerships helps governments implement
public-private partnership transactions and expand private-sector participationto increase the quality and quantity o investments in inrastructure, health,and education, while limiting public sector unding and risk. IFC is the only
multilateral agency that oers direct advisory services to governments on private-
sector participation in these sectors. Our impact is enhanced by our strongpartnerships with donors, regional and national development banks, and other
international organizations.
Tis publication highlights some o our experiences and lessons learned in workingon more than 277 projects in 88 countries over the past 21 years. Te SmartLessonsthat ollow demonstrate the business case or private sector investment and show
what worked and what should be done dierently. We hope that you nd this publication useul and welcome your comments. July 2010Laurence Carter, DirectorIFC Advisory Services in Public-Private Partnerships