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Sindh ranked 6th in Asia for Enabling PPPs by The Economist Magazine

KARACHI (March 21): Sindh Chief Minister Syed Murad Ali Shah has said that the Public Private Partnership (PPP) Unit of Sindh has been recognized by The Economist Intelligence Unit (EIU) and ranked at 6th in Asia in its report of 2018, “This is the manifestation of our hard work, sincerity and commitment with the people of Sindh.”

This he said while presiding over 28th PPP Policy Board meeting at the CM House. The meeting was attended by Chief Secretary Mumtaz Shah, Minister Local Government Saeed Ghani, Advisor to CM Murtaza Wahab, MPA Ghulam Qadir Chandio, Chairman P&D Mohammad Waseem, Principal Secretary to CM Sajid Jamal Abro, Secretary Finance Najam Shah, MD PPP Unit Khalid Shaikh and other concerned members and officers.

At the start the meeting the Chief Secretary presented a report of The Economist’s Intelligence Unit (EIU) in which Sindh was ranked 6th in Asia for Enabling PPP Environments. The Economist Intelligence Unit report ‘Evaluating The Environment For Public-Private Partnerships in Asia - The 2018 Infrascope’ says “with exception, Gurjat state (India) and Sindh province (Pakistan), which are subnational governmental entities and which show the importance of subnational government PPP programme as potential models of best practice. Both were also included in the previous Asia Infrascope in 2014, although the use of a different methodology in that year makes score comparison problematic. It says, “both subnational governments score highly in the 2018 index, at fifth and six respectively of 19. Both are ranked as `mature’ (the top performance tier) for their institutional environment.

The report says “Sindh’s most positive performance are in its regulatory environment (especially its PPP selection criteria and fairness and openness of bids and contracts) and its institutional environment, including the stability of its PPP agency, the resourcing of project selection and implementation, institutional transparency and accountability.”

The chief minister termed it the success of Sindh government and Pakistan and vowed to further strengthen the PPP unit. The Chief Secretary presented the copy of the Economist report to the chief minister.

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