The Government of the Turks and Caicos Islands is pleased to inform the general public that Deputy Secretaries Mrs. Shonia Thomas-Been and Mr. Desmond Wilson recently returned from a CDB hosted workshop (in partnership with the World Bank and the Inter-American Development Bank) entitled ‘PPP Basics and Enabling Environment’.
In area of capital project delivery, PPP’s are seen as better alternatives whenever they are expected, from the public’s perspective, to bring forth more value-for-money than conventional public project delivery.
“Although PPP’s generally deliver superior results, they are more complex to structure and implement than traditional public projects. One major constraint in progressing PPP’s is the lack of multi-faceted technical capacity in governments to make well-informed decisions”, said Mr. Wilson.
“Hence the three-part PPP Boot Camps for senior technical government staff intended to fill this gap, by improving the knowledge and skills of participants in all areas of PPPs. Themes covered ranged from policies and enabling environment, through to project preparation and finally transaction implementation and monitoring.”
The initial three-day workshop was held at the CDB Headquarters, Barbados from September 28 – October 2, 2015. The two participants are expected to travel during the month of November to complete the second module entitled ‘Building a PPP Business Case’, which will be held at the Arthur Lok Jack Graduate School of Business, Port of Spain, Trinidad. The third and final module ‘Implementing PPP Projects’ module will be in Jamaica, in January 2016.
When the remaining modules are completed, it is expected that regional governments will be sufficiently prepared to implement their own PPP programs, of course with support from the CDB’s Regional Public-Private Partnership Support Facility and the networks that are being established during the training.
Both the Ministry of Finance and the Ministry of Infrastructure, Housing and Planning respectfully offer congratulatory remarks to team for their participation and continued hard work.
