A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Water and Private Sector Partnership: Case of Karachi, A Mega-City of Pakistan
Implementation of private sector partnership (PSP) into Karachi Water and Sewerage Board (KWSB) of Karachi, a mega-city of Pakistan, was studied. The assignment was categorized into three distinct phases: development of the most appropriate strategy for PSP; execution of the preparatory work for PSP; and implementation of the agreed program. The PSP strategy approved by Government of Sindh (GS) province was designed to ensure that ownership of assets remains in the public sector while the technical, commercial and financial needs of the system become the responsibility of the private operator. The PSP strategy also ensured that benefits of system improvement are devoted to the greatest number of customers. A legal and regulatory framework had also been developed to enable the induction of a private operator into the provision of water sewerage services, to define the role and powers of the regulator and of government, and the rights of customers along with the measures for their enforcement. Six institutes for the framing of regulations of the water sector were identified. An extensive marketing program had been revealed to develop market interest and build up profile of the project. Having a detailed study on different working models of PSP, concession type of contract was the choice to be favored since it has been the basis used in other developing countries. Public awareness campaign was carried out to mitigate the persistent fears and misconceptions which could range from simple apprehensions regarding increases in tariffs and water charges among ordinary consumers to concerns touching issues of national security and sovereignty. Role of government was set to share risks by providing for political, legislative, force majeure, currency risk, and guaranteeing buy out provisions for private operator. While the private operator was anticipated to take normal commercial risks such a bidding risk, market risk including revenue and construction risks for infrastructure investments. Phase I strategy of the partnership was successfully done and approved by the GS in 2000. The phase II included a detailed technical and financial feasibility evaluation of the concession contract is under progress and likely to be completed until mid of this year, and phase III, transfer of ownership, is scheduled by the end of this year. Exact out come of the PSP is still awaited to be public. First initiative in Karachi is to execute successfully since this will develop investors' confidence and interests and will play a role model for the water utilities to follow in other growing cities of Pakistan.
Water and Private Sector Partnership: Case of Karachi, A Mega-City of Pakistan
Implementation of private sector partnership (PSP) into Karachi Water and Sewerage Board (KWSB) of Karachi, a mega-city of Pakistan, was studied. The assignment was categorized into three distinct phases: development of the most appropriate strategy for PSP; execution of the preparatory work for PSP; and implementation of the agreed program. The PSP strategy approved by Government of Sindh (GS) province was designed to ensure that ownership of assets remains in the public sector while the technical, commercial and financial needs of the system become the responsibility of the private operator. The PSP strategy also ensured that benefits of system improvement are devoted to the greatest number of customers. A legal and regulatory framework had also been developed to enable the induction of a private operator into the provision of water sewerage services, to define the role and powers of the regulator and of government, and the rights of customers along with the measures for their enforcement. Six institutes for the framing of regulations of the water sector were identified. An extensive marketing program had been revealed to develop market interest and build up profile of the project. Having a detailed study on different working models of PSP, concession type of contract was the choice to be favored since it has been the basis used in other developing countries. Public awareness campaign was carried out to mitigate the persistent fears and misconceptions which could range from simple apprehensions regarding increases in tariffs and water charges among ordinary consumers to concerns touching issues of national security and sovereignty. Role of government was set to share risks by providing for political, legislative, force majeure, currency risk, and guaranteeing buy out provisions for private operator. While the private operator was anticipated to take normal commercial risks such a bidding risk, market risk including revenue and construction risks for infrastructure investments. Phase I strategy of the partnership was successfully done and approved by the GS in 2000. The phase II included a detailed technical and financial feasibility evaluation of the concession contract is under progress and likely to be completed until mid of this year, and phase III, transfer of ownership, is scheduled by the end of this year. Exact out come of the PSP is still awaited to be public. First initiative in Karachi is to execute successfully since this will develop investors' confidence and interests and will play a role model for the water utilities to follow in other growing cities of Pakistan.
Water and Private Sector Partnership: Case of Karachi, A Mega-City of Pakistan
Qureshi, Tahir Imran (author) / Kim, Young-Ju (author)
International Journal of Urban Sciences ; 6 ; 52-58
2002-04-01
7 pages
Article (Journal)
Electronic Resource
Unknown
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