SADC Resource Mobilisation Strategy Public-Private Partnerships (PPPs) are effective financing mechanisms for both national and regional development activities, especially infrastructure projects. In view of the high demand for public infrastructure in SADC countries, and the limited public resources available to meet the gap, it is necessary for SADC Member States to develop innovative mechanisms to mobilize private sector funding to support the development and management of infrastructure projects. The appropriate design and packaging of infrastructure projects with private participation based on adequate public sector skills, an enabling policy and regulatory environment and a harmonized region-wide policy will ensure the availability of private sector funding to support such projects. In this respect, the availability of development finance over the medium-term period is considered an important ingredient in ensuring:  · infrastructure delivery through PPP initiatives, · a pipeline of bankable projects through effective financial structuring, preparation and packaging of projects; · promotion of private participation in development projects by risk mitigation through PPP. The RISDP outlines important targets for PPPs, such as institutional strengthening through the creation of PPP Units, capacity building, and the development of appropriate PPP policies, strategies and guidelines in Member States. In line with the regional integration goal, the ultimate objective is the harmonization of PPP regulatory frameworks at the regional level. Although PPPs are mainly associated with economic infrastructure, particularly in the areas of roads, bridges, rail, energy and information and communications technology, the Region should also explore the possibility of extending the PPP approach to social sectors such as health and education, where the need for resources and management are equally high. PPPs policies and strategies allow a full range of PPP options that can be carefully studied in the light of already existing work within the region. It is recommended that the Region explores the optimal choices in order to determine the way forward and to draw maximum benefits of PPPs arrangement. In this respect, establishment of a SADC PPP Network would present a platform for information and experience sharing and for consensus building on key issues such as PPP models and policy and regulatory frameworks for adoption in line 19

Select target paragraph3