Posted by Neil King
The upcoming PPP Middle East conference in the UAE will underline the growing importance of the public-private partnership (PPP) model in delivering infrastructure projects in the region, its organiser has said.
BME Global, an international business events company, claimed that the conference will be the only one next year to focus on the development of sustainable PPPs in the region's major investment sectors - namely, transportation, infrastructure, social infrastructure, water and power.
The event is due to take place at the Hilton Abu Dhabi from January 11th-12th, 2011.
"With pressure to deliver mega projects in a timely fashion and a desire to spread risk, the PPP model is becoming increasingly popular in the region," said BME Global.
"In the UAE, in particular Abu Dhabi, many government entities have already embraced partnerships with the private sector in a bid to achieve their key strategies."
Key PPP stakeholders to have been announced for the conference's speaking panel include Faisal Al Suwaidi, general director for main roads at Abu Dhabi's department of transport, and Dr Paul Noumba, a leading economist in the World Bank's MENA branch.