Lome -Togo — The resources of public and private sector stakeholders as well as donors are increasingly inadequate for the implementation of national and regional projects and programmes. « Public-Private Partnership (PPP) » is therefore an effective remedy against this problem since it has gained popularity worldwide.
This approach involves several stakeholders at the same time. With the view to increasing knowledge and use of the PPP model, analysing best practices and identifying the elements of a regional policy to support PPP, the ECOWAS Commission organised a regional workshop on partnership between public and private sector projects and programmes in Lome from 2nd to 4th November 2010. About thirty professionals and Experts from ECOWAS Member States gathered to brainstorm on eight major topics.
They were: the promotion of regional integration through PPP, legal implications of Regional PPP, financial implications of intra-regional PPP, the use of PPP models to strengthen regional strategic sectors such as energy, water, telecommunications and agriculture, the role of the private sector in PPPs, the role of private institutions in the promotion of PPPs, best international and regional practices and the framework for a regional PPP policy.
The opening ceremony of this workshop, organised with financial and technical support from the European Union, was attended by several dignitaries including the Representative of the Minister of Economy and Finance of Togo, the ECOWAS Commissioner for Macroeconomic Policies, the President of the Federation of West African Business Women, the Representative of the European Union and the President of EBID.