DELIVERING ECONOMIC INFRASTRUCTURE USING PUBLIC PRIVATE PARTNERSHIPS – CAN TRANSPORT SHOW THE WAY? The OECD estimates that $53tn of investment is required for transport (an annual 2.5 % of global GDP) to meet future demands. Upgrading key infrastructure drives competitiveness, boosts trade and promotes economic growth but new ways of financing are needed. Countries need to consider the relationship between strategic infrastructure planning and long-term infrastructure funds. It is also likely that there will be more privatizations, increasing efficiency and reducing public funding requirements. Pension funds are likely to become more active but need more transparency and regulatory certainty. So what are the challenges facing the development of transportation infrastructure in Azerbaijan, and what role can the private sector play in the design, funding, construction and maintenance of transport infrastructure in the coming years?
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