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Lesson
The program provided the environment for private sector participation (PSP) in the sector, although this should only be seen as the start and not the conclusion. Further, independent power producers need to be contracted whenever possible, while carefully monitoring contingent liability risks. More PSP could be encouraged in water and wastewater operations,perhaps adopting franchise or concession arrangements, viability gap financing, or availability payments.

Project Number: 54151-001, 54151-003
Project Name: Palau Public Utilities Corporation Reform Program (Subprograms 1 and 2)
Report Date:
Lesson
This is a description, not a lesson for a future TA project.

Project Number: 42417-045
Project Name: Vertical Mobility and Safety Improvement
Report Date:
Lesson
Although the rights and obligations of the building owners and residents are governed by the Constitution of the Republic of Armenia, the Civil Code and other legal acts, the management of commonly shared property in multi-apartment buildings in Yerevan is not effective, since there is a mismatch between the ownership title of the assets and the owner’s perception regarding the maintenance obligations. Nevertheless, the local government is still willing to improve the commonly owned private property through public borrowing.

Project Number: 42417-045
Project Name: Vertical Mobility and Safety Improvement
Report Date: