Country’s infrastructure development
Wednesday, 13 August 2008

Private-public partnership a must

The Finance Advisor recently blamed political unrests, lack of farsightedness of politicians, lingering process of decision making, mismanagement and irregularities for poor infrastructural development resulting in impediment to progress. He also stressed private and public sector partner-ship for such development. All of what the Finance Advisor has said may be true but what he has failed to mention is that the entire process of infrastructural development is controlled by the Government bureaucracy which is infact responsible for all the lack of farsightedness, lingering process of decision making, mismanagement and irregularities.. The Annual Development Plan, which is the chief instrument of infrastructural development, is in a virtual limbo for the last two budgets which the present Finance Advisor has laid out. Since the Emergency was declared there are no politicians or political unrests cluttering up the development scenario and the only thing impeding development is bureaucratic inertia, incompetence and neglect which the Emergency Government has failed to address. It would however, take much more than a couple of years to overcome the damages caused to the infrastructures during this emergency regime. One effect of this rather dilapidated condition of our infrastructure is that no one, both inside and outside the Country, is ready to invest in large industrial enterprises and without such investments, large-scale employment is not possible; if people are unable to earn money they cannot spend it on goods and services and so the entire economy remains in a stagnant condition. It is entirely true that a government alone cannot cater to all the infrastructural requirements and it would be ideal for a private-public partnership to tackle the burgeoning infrastructural needs of a modern, growing economy but that partnership is predicated on the government's willingness to allow it to come into being and to function affectively through appropriate processes and regulations.

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