Public private partnerships can boost Lebanon

As part of Executive’s ‘10 Ways to Save Lebanon’ issue, we asked leading figures from a range of fields to put the case for one major changes for the country. In this article, privatization expert Ziad Hayek calls for inviting more private companies into public sector.   It is clear to any Lebanese citizen that the country is in desperate need of new public infrastructure. Its current electricity, education, health, transport and other basic networks are decaying due to the chronic inability of successive governments to manage and plan them. Investment in new infrastructure would not just help the end users; it has also been shown to play a key role in raising national growth rates, developing the economy and ensuring sustainable growth. Such projects also help to lay the groundwork for job creation and attracting major new investments. Right now, however, to ask the government to pay for such