European Commission turns blind eye to failing public-private partnerships, says new report (Brussels, 23 March 2010) -- A new report by the Public Service International Research Unit cautions the European Commission against enthusiastically endorsing public-private partnerships, contending that PPPs, as they are known, do not supplement public spending – they absorb it. The European Commission outlines high hopes for developing public-private partnerships in its EU 2020 strategy.
Ongoing / proposed ADB projects in education, health, financial, road and other sectors in Mongolia (as of July 2009):
Ongoing/proposed ADB projects in energy/power, water, health, education, financial & other sectors (as of July 2009).
STDP was started 2003 and funded by the ADB and Japan Bank for International Cooperation (JBIC). Various world-famous construction companies are involved to implement the project namely Kumagy, Thaichi, China harbor. Some of the foreign companies have given sub-construction to local companies.