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PAPER ON INFRASTRUCTURE DEVELOPMENT AND ECONOMIC ...

PAPER ON INFRASTRUCTURE DEVELOPMENT AND ECONOMIC ...

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ATTAINING GOOD <strong>INFRASTRUCTURE</strong> <strong>DEVELOPMENT</strong> <strong>AND</strong> EC<strong>ON</strong>OMIC EMPOWERMENTC<strong>ON</strong>TD.• Roles of Public Private Partnership(PPP) in Infrastructure Development• Lekki Epe Road/ mma2• Speedy, efficient and cost effective deliveryof projects.• Value for money for the taxpayer throughoptimal risk transfer and risk management.• Efficiencies from integrating design andconstruction of public infrastructure withfinancing, operation and maintenance /upgrading.• Creation of added value through synergiesbetween public authorities and privatesector companies, in particular, through theintegration and cross transfer of public andprivate sector skills, knowledge andexpertise.• Alleviation of capacity constraints andbottlenecks in the economy through higherproductivity of labour and capital resourcesin the delivery of projects.J. Ajayi Patunola & Co.. Estate Surveyors & Valuers 27

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