Investment check-list

A Check-list for Public Action has been developed by the OECD and its partners to assist governments considering engaging with the private sector in the water sector. It is organised around the OECD Principles for Private Sector Participation in Infrastructures–some 24 principles grouped under five points that highlight sector-specific features, government considerations and available tools and practices:

1. Decide on the nature and modalities of private sector participation;

2. Assure a sound institutional and regulatory environment for infrastructure investment;

3. Ensure public and institutional support for the project and choice of financing;

4. Make sure the co-operation between the public and private sectors works in the public interest;

5. Encourage responsible business conduct.

The check-list also makes four general recommendations to governments and provides policy directions with notes on country practices to assist in their implementation.

The first general recommendation is to clarify the ultimate objectives for service provision and the contributions that the private sector can make. This involves clearly defining the roles and responsibilities of the diverse private partners and how they should be involved. This helps to ensure partnerships meet specific local needs, and that the public interest is safeguarded.

Second, governments should develop an enabling framework based on high quality regulation and political commitment, including fighting corruption. The allocation of roles across responsible authorities and co-ordination mechanisms should be clearly defined to support effective implementation of regulations and contractual provisions. This is valid regardless of whether the water operators are from the private or public sectors.

Third, root the partnerships in strong accountability mechanisms, with clear and consistent contractual arrangements based on outputs; monitoring should be based on information-sharing and on consultation with stakeholders.

Fourth, the public sector should urge their private partners to do all they can to make the partnership last. They should show commitment and act in good faith, promote integrity, communicate with consumers and manage the social and environmental aspects of their operations to good effect. They should be mindful that their contributions can make a difference to the lives of millions of people.


©OECD Observer


Economic data


Stay up-to-date with the latest news from the OECD by signing up for our e-newsletter :

Twitter feed

Suscribe now

<b>Subscribe now!</b>

To receive your exclusive paper editions delivered to you directly

Online edition
Previous editions

Don't miss

  • Trade is an important point of focus in today’s international economy. This video presents facts and statistics from OECD’s most recent publications on this topic.
  • How do the largest community of British expats living in Spain feel about Brexit? Britons living in Orihuela Costa, Alicante give their views.
  • Brexit is taking up Europe's energy and focus, according to OECD Secretary-General Angel Gurría. Watch video.
  • OECD Chief Economist Catherine Mann and former Bank of England Governor Mervyn King discuss the economic merits of a US border adjustment tax and the outlook for US economic growth.
  • Africa's cities at the forefront of progress: Africa is urbanising at a historically rapid pace coupled with an unprecedented demographic boom. By 2050, about 56% of Africans are expected to live in cities. This poses major policy challenges, but make no mistake: Africa’s cities and towns are engines of progress that, if harnessed correctly, can fuel the entire continent’s sustainable development.
  • OECD Observer i-Sheet Series: OECD Observer i-Sheets are smart contents pages on major issues and events. Use them to find current or recent articles, video, books and working papers. To browse on paper and read on line, or simply download.
  • How sustainable is the ocean as a source of economic development? The Ocean Economy in 2030 examines the risks and uncertainties surrounding the future development of ocean industries, the innovations required in science and technology to support their progress, their potential contribution to green growth and some of the implications for ocean management.
  • The OECD Gender Initiative examines existing barriers to gender equality in education, employment, and entrepreneurship. The gender portal monitors the progress made by governments to promote gender equality in both OECD and non-OECD countries and provides good practices based on analytical tools and reliable data.
  • They are green and local --It’s a new generation of entrepreneurs in Kenya with big dreams of sustainable energy and the drive to see their innovative technologies throughout Africa.
  • Interested in a career in Paris at the OECD? The OECD is a major international organisation, with a mission to build better policies for better lives. With our hub based in one of the world's global cities and offices across continents, find out more at .

Most Popular Articles

OECD Insights Blog

NOTE: All signed articles in the OECD Observer express the opinions of the authors
and do not necessarily represent the official views of OECD member countries.

All rights reserved. OECD 2017