Paradigm shift from the public sector to private sector provision of local infrastructure

Abstract

In this country, the local authorities are increasingly finding themselves facing a shortage offund to provide the necessary infrastructure. Due to the rising cost of infrastructure, there is a paradigm shift from the public sector to private sector provision of infrastructure. Therefore, local authority needs to identify ways to encourage private sector, specifically the private property developers to do so. This scenario has encouraged the authorities to look ways of entering into partnership with the private sector to secure provision. The paper first reviews the different approaches to facilitate off-site local infrastructure, then examines options for both public and private funding. It then explores how the current system of planning system may adopt the shift to secure off-site local infrastructure facilities from private sector. The paper concludes with a short summary of key issues in local infrastructure and recommendations.