Group
Discussions
Group
A:
Discussion
Outcomes
1.
Preconditions for Successful Implementation of Privatisation and
Public-Private Partnership ●
Political Stability ●
Political Commitment to Privatisation ●
Public Awareness and Support ●
Consensus of Stakeholders ●
Existence of Enterprise Culture/Strong Private Sector ●
Appropriate Legal Framework ●
Open Market 2.
Framework for Privatisation / Public-Private Partnership ●
Policy Framework ●
Legal Framework ●
Implementation Framework ●
Regulatory Framework ●
Monitoring and Evaluation of Privatisation and Public-Private
Partnership 3.
Policy Framework ●
Enhancement of Efficiency and Competition ●
Reduce Budgetary Deficit and Subsidies ●
Increasing Local and Foreign Investment ●
Benefiting from Multi-National Companies in Areas of Management, Expertise and Technological Transfer ●
Maintaining Secured Employment ●
Broaden Share Holding / Ownership Base ●
Develop / Strengthen Stock Market 4.
Legal Framework ●
Enactment of Law to Ensure Smooth Implementation of Privatisation
and Public-Private Partnership ●
Legal Reform / Improvement in Other Law ●
New Legislation Where Necessary 5.
Implementation Framework ●
Establish High Level Committee (Cabinet Committee) to Oversee and
Guide ●
Establish Implementation Agency (Privatisation Commission) ●
Define and Notify Privatisation Process / Lay Down Procedures ●
Advertise and Set up Website 6.
Regulatory Framework ●
Establish Regulatory Bodies and Enact Legislation to Protect
Interest of Investors and Consumers ●
Provision for Negotiation / Arbitration in Case of Disputes 7.
General Guidelines for NAM Member Countries ●
Rapid Privatisation or Public-Private Partnership to improve
Efficiency, Competition, Quality of Goods and Services and to
Reduce Budget Deficit and Subsidies ●
All SOEs Should be Considered for Privatisation ●
Ensure Political Stability, Satisfactory Law and Order Conditions
to Attract Investors ●
The Right of Local and Foreign Investors and Consumers Must be Protected through Regulatory Framework (as per
International Practice) ●
Privatisation and Public-Private Partnership Should be Open to Foreigners to Attract Foreign Investment, Experts
and Technology ●
Reform Financial System ●
Seminars, Workshops and Road Shows on Privatisation and Public- Private Partnership Should be Organised 8.
Follow up Recommendations for NAM CSSTC ●
The Recommendations of Experts Group Meeting Should be Published and Circulated Amongst NAM Member Countries ●
Another Group Meeting with Focus on Public-Private Partnership
Should be Organised ●
Exchange Information Through Networking Among NAM Member
Countries ● Exchange of Experts to Share Experiences and Transfer Expertise
|