Better infrastructure through multi-sectoral participation

There's been an increase in multisectoral participation as a means of improving both infrastructure and services in various parts of the world, writes Lourdes Fernández in Costa Rica's newspaper La Republica.

Monday, June 23, 2008

This trend has been driven by technological innovations, she continues, as well as budget restrictions, expansion of international markets, growing public-private participation, but above all the application of the premise "there's strength in numbers", to which I add: and they encourage the achievement of important goals.
Successful experiences and new proposals from the banking sector have encouraged a new paradigm. It calls for public institutions that have traditionally procured their resources to pay for them in advance.
Through legal concepts such as ownership, a unique and independent business has been created. It is financed sometimes by temporarily operating through a third party outside of the institution, with repayment made in the medium or long term.
We're referring to a system similar to the one known as BOT (build, operate and transfer), with the difference being that public or state property doesn't move into private hands.
It's used only on a temproary basis to construct infrastructure and repay debt, while the new infrstructure remains in the hands of the State and its institutions.



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NICARAGUA: Houses Without Water or Water Without Houses?

April 2008

Authorities in Nicaragua are facing the dilemma of generating thousands of jobs through the development of the construction and real estate industry in the capital or putting a priority on future water supplies for the city’s 1.2 million people.

The debate broke out in February, when five city governments in Managua and surrounding suburbs agreed to adopt a ban on the construction of housing units to the south of the city, a rural, forested area where the underground water reserves that supply the capital are located.

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