There are several features of the regional economic environment that deserve special treatment, such as small market sizes, shared legal and regulatory systems, capacity constraints within governments, high investment needs and limited fiscal space. Therefore, PPP learning materials developed in other parts of the world require adapting to these Caribbean-specific characteristics.
This Caribbean PPP Toolkit includes a set of pragmatic tools to complement existing in-country capabilities. The ultimate goal of the Toolkit is to provide PPP practitioners with the basic knowledge for the effective selection and execution of PPP projects. The Toolkit describes the Regional environment for PPPs, drawing lessons from global as well as Caribbean examples, and includes a Model Caribbean PPP Policy Template. The six Toolkit modules cover the key aspects of PPPs, including policy and enabling environment, project identification and screening, development of the business case, procurement and contract monitoring.