Wednesday, 12 July 2023 03:06

PPP Americas 2023: Public-Private Partnerships to activate economy and boost sustainability

Written by Miguel Crespín

The Inter-American Development Bank Group (IDB Group), in collaboration with the Government of Panama, will hold the eleventh edition of PPP Americas, the most important forum on public-private partnerships (PPP) in Latin America and the Caribbean.

Under the theme "Partnerships with Purpose," PPP Americas 2023 will bring together more than 250 representatives of the public and private sectors from 25 different countries in Latin America and the Caribbean, Europe and Asia. From july 18-20 in Panama City, participants will explore the latest trends in PPPs in the region and discuss solutions to close the infrastructure gap through sustainable, resilient and socially impactful projects.

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By 2030, Latin America and the Caribbean needs to invest close to US$2.2 trillion in the water and sanitation, energy, transportation and telecommunications sectors to expand and maintain the infrastructure necessary to meet the Sustainable Development Goals (SDGs). However, the region's complex macroeconomic and fiscal context affects the growth of traditional public investment.

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In this scenario, PPPs are a key tool to join efforts and mobilize resources to close the current infrastructure gap, generating value for citizens, governments and the private sector. 

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The PPP Americas 2023 agenda includes six central themes: climate investment, digital transformation, logistics chains, job creation, boosting inclusion and measuring impact. Around these themes, the IDB held three webinars in preparation for this event between december 2022 and may 2023.

 

Translated by: A.M