Global public-private partnership body reports slip in global deals

Global public-private partnership (PPP) deals have seen a slight decrease in the second quarter of this year, according to the Q2 report released by WAPPP and InfraPPP. Despite the economic volatility, the number of PPP deals decreased by a negligible 2%, which is within the margin of error. Jyoti Bisbey, Executive Committee member at the World Association of Public-Private Partnerships, highlighted that no projects were cancelled during this period. The market witnessed election cycles across continents, impacting global interest in long-term infrastructure projects. With a focus on Latin America and Asia, regions showing increased interest in PPP deals, the market overall remains stable. A significant aspect observed was the rise in PPP deals in Europe, particularly in the transport and social sectors. Europe's transition towards sustainable transport and smart mobility projects has been a driving force in the PPP market. The transport sector has overtaken the energy sector in recent years, with an emphasis on climate action and infrastructure development. Notably, projects in ports, railways, urban metros, and bus systems have seen increased investment from both public and private sectors. The cancellation of PPP projects can be influenced by economic factors, geopolitical uncertainties, and investor readiness to commit to long-term contracts. Jyoti Bisbey emphasized the importance of monitoring project cancellations as they signal government commitment and investor confidence in emerging markets. Despite challenges, the PPP market remains resilient, adapting to economic fluctuations and evolving project demands.