P3A and ADB to advance PPP Ecosystem in AJK
ISLAMABAD: In order to deliberate on best practices with a panel of industry experts in developing the Public Private Authority (PPP) ecosystem in Azad and Jammu Kashmir (AJK), a series of workshops has been launched on Friday.
The Federal Public Private Partnership Authority (P3A) is hosting the series of workshops with the Asian Development Bank (ADB) to bring together PPP units at the federal and provincial levels. The workshops aim to brainstorm best practices in preparing and implementing PPP projects, navigate bottlenecks in Pakistan’s PPP landscape and encourage overall collaboration among various stakeholders. The initiative has been taken in the context of building out AJK’s social sectors including education and healthcare and to establish an ‘open door’ policy for future knowledge sharing.
The inclusion and integration of the private sector for public developmental infrastructure services is necessary for socioeconomic development and forward-looking Pakistan.
To this end, the Federal Public Private Partnership Authority (P3A) is playing a pivotal role in enabling the achievement of the government’s development agenda. P3A’s core strategic vision is to drive the uplift of the national PPP ecosystem, working with key stakeholder groups in various capacities to achieve that, while creating a dynamic market of bankable PPP projects at the federal level.
Chief Executive Officer P3A’s Malik Ahmad Khan hosted the workshop while ADB panel of experts included Dr. Daud Munir, Partner Axis Law Chamber, Aania Alam, Dr. Naveed Iftikhar and other officials participated in the workshop.
During this interactive ‘closed door’ workshop, the officials from AJK got an opportunity to share their experiences and better understand how to best leverage their resources in order to capitalize their existing capacity and build-out new capabilities and enabling frameworks. The experts also shared case studies to showcase opportunities where capacity could be enhanced through fostering local and sector specific alliances.
In continuation of the series, similar workshops are scheduled for the third week of December 2021 with the Government of Baluchistan and the Government of Gilgit-Baltistan.