Ecuador is committed to accelerate the construction of
infrastructure and the provision of public services through
Public-Private Partnerships ("PPP"). For
this purpose, it is essential to plan and prioritize strategic
projects by sector; a transparent and predictable legal framework;
and, above all, an inter-institutional structure with defined
competencies and with the capacity to coordinate, monitor, and
control.
The State and the private sector can be complementary agents in
the provision of goods, jobs, and services to citizens. One of the
fundamental responsibilities of the central and regional
governments is to provide high-quality infrastructure and public
services in a timely manner. By associating with the State, the
private sector contributes with capital, as well as experience and
specific knowledge. This figure is known as Public-Private
Partnerships.
