Private Solutions for Infrastructure in LesothoInfrastructure in Lesotho is relatively undeveloped with poor coverage and low-quality services common to many African countries that have low per capita incomes and government fiscal limitations that constrain infrastructure investment. This report finds that private participation in infrastructure could offer Lesotho three key advantages: 1. augmenting budget resources in cases where the private sector undertakes to finance projects or services that would not otherwise be funded, 2. improving the quality and efficiency of service delivery, and 3. accelerating investments in infrastructure. By the same token, the report makes clear that private participation in infrastructure carries significant down-side risks that, despite the best of intentions, could lead to negative fiscal impacts, lower than expected service quality, disruptions to service, or more dire consequences. Accordingly, the need to establish private participation in infrastructure implementation and post-transaction oversight capacity is deemed to be of paramount importance if the Lesotho Government is to embrace an overall strategy for private participation in infrastructure. |
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Contents | 1 |
CrossCutting Themes Sector Comparisons | 14 |
Transportation | 62 |
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Aviation Basotho Botswana capacity capital budget competition concession contractors cost recovery tariffs coverage customers domestic DRWS dry port economic electricity sector Environment Environmental Eskom expansion fixed-line freight implementation improve increase infrastructure sectors institutional investors LEC's Lesotho Electricity Lesotho Telecommunications LHDA LHWP license LNDC maintenance Maloti Mascon Maseru ment Mohokare River monitoring MOPWT output-based aid Performance Agreement Planning population potential PPI projects PPSU priority private contracting private investment private operators private participation private sector rail reform regulatory revenues Road Agency Road Fund road network role rural areas Rural Electrification sector in Lesotho service delivery solid waste South Africa Spoornet structure Subsector subsidies Table targets telebureau Telecom Lesotho teledensity tion tricity truck Universal Service Fund urban utility services WASA wastewater Water and Sanitation water sector water supply wireless World Bank