Summary
Contents
Subject index
Presenting experiences from India, China, Brazil, South Africa and Poland, this book examines the need to boost infrastructure investment in cities as well as the need for prudent fiscal management across all levels of government. This is discussed within the context of the decentralization of service delivery responsibilities. The book proposes considering as one investment financing perspectives that usually exist in isolation from each other, while also consolidating a body of practical and transferable implementation experiences.
Tamil Nadu Urban Development Fund: Public-Private Partnership in an Infrastructure Finance Intermediary
Tamil Nadu Urban Development Fund: Public-Private Partnership in an Infrastructure Finance Intermediary
Introduction
The Tamil Nadu Urban Development Fund (TNUDF) stands out as one of the first efforts in the developing world to establish public—private collaboration in the funding and management of a local urban-infrastructure financing intermediary. TNUDF had dual objectives in its design. As a financing vehicle, it was intended to attract private resources for on-lending to local governments and to support other forms of Private-Sector co-financing of urban investment projects, thereby leveraging traditional resources, such as state government funding and multilateral donor loans, to help remedy a severe shortfall in urban infrastructure investment. As a management reform, TNUDF was designed to take urban ...
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