SAGT Chief says clear policy direction, speed and fairness key to successful PPPs

Warns Sri Lanka cannot afford multiyear delays in decision-making if it wishes to remain competitive

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Underscores importance of separation of roles between public and private sectors as conflicts arise when State agencies act as regulator, operator and competitor simultaneously, Says country failed to build on SAGT's PPP success by replicating model in other sectors

SOUTH Asia Gateway Terminals (SAGT) CEO Romesh David said for Sri Lanka to attract credible investors into public-private partnerships (PPPs), the Government must ensure clarity of purpose, alignment among agencies, and speed in decision-making and fairness in execution.

Speaking at a recent forum, he outlined key ingredients for successful PPPs, stressing that investor confidence depends primarily on a Government's ability to demonstrate clear purpose, policy alignment, and credible commitment.