‘We need more PPP projects for the city…’

‘We need more PPP projects for the city…’
The Times of India

Public-private partnership model is potentially the most promising method to develop and augment the physical infrastructure in Bangalore. A PPP (in the form of a contractual agreement between the city development authorities and the private sector) can be based on the recognition that both the public and private sectors in Bangalore can benefit by pooling their financial resources, know-how and expertise to improve the delivery of basic physical infrastructure to all citizens. In addition, PPPs offer an alternative to full privatisation by combining the advantages of both sectors; that is they combine the social responsibility, environmental awareness and public accountability of the public sector; with the finance, technology, managerial efficiency and entrepreneurial spirit of the private sector. In addition to the sharing of resources, each party shares in the risks and rewards potential in the delivery of the service and/or facility.

The benefits of a PPP for infrastructure development in Bangalore are far reaching - benchmarking of infrastructure planning with the best cities in the world, quicker execution of projects and potential sharing in funding of select infrastructure projects geared towards promoting industry.
Prakash Gurbuxani
CEO, Transworks

The need of the hour is public-private partnership in as many areas as possible including infrastructure. Gradually the government needs to move away from a number of activities which can be handed over to private entrepreneurs, and concentrate only on core areas. Roping in private companies will certainly bring more professionalism and transparency in executing infrastructure projects like roads, flyovers, bridges, airports etc. Completion of projects on time is also of vital importance in a growing economy. Public-private partnership will certainly help achieve this goal. On the whole there are a lot of advantages in public-private partnership projects.
Prakash Padukone
Sportsperson

It will speed up the process, make the people feel it is a collective responsibility and the onus is on all of us. It may give us a chance to act rather than watch helplessly. It is all about giving it to people who mean business and are accountable.
Ramesh Arvind
Actor

Ibelieve the city is a bit too big a challenge to handle on the traditional and typical format of governmental governance. Public-private partnership is the way to go if one is to leverage the true potential of Bangalore. This city is the intellectual capital of this country. We need a different system of governance that focuses on the specific needs of an Urban Agglomeration versus that of an aggregated State. We need to reinvent the format of a Union Territory for Bangalore. A specific zone that gets special inputs by the very nature of its status as a UT. I do believe public-private partnership will unlock unique solution possibilities that can take care of the issues that relate to infrastructure, traffic management, pollution control and even garbage disposal as a set of key issues that challenge a megapolis such as Bangalore.
Harish Bijoor
Brand-expert and CEO
Harish Bijoor Consults Inc.