Antigua – Govt holds PPP talks

The West Indian island of Antigua could be the next country to turn to PPP to develop its infrastructure after ministers got together to discuss how best to use the model.

Joan Underwoood, the government’s chief implementation officer, is reported to have spoken in favour of PPP. She said "significant progress could be realised by harnessing the two parties’ resources, skills and ingenuity for the provision of services and infrastructure development," according to local press.

The ministers are considering using the build own operate transfer (BOOT) model to finance projects because it places the risk of maintenance with the private sector.

The Contractors’ Association secretary Nick Hadeed, who also attended the meeting, said: "I think this meeting is a very important beginning. [It] shows that there are a lot of opportunities for partnership and we will consult further to explore these opportunities."