Santo Domingo.– The executive director of the General Directorate of Public-Private Partnerships (DGAPP), Andrés Lugo Risk, assured that the public-private partnership model represents a strategic mechanism to expand the State’s capabilities, organize investment, and convert social demands into concrete solutions.
During his speech at the opening of the symposium “Public-Private Partnerships as a Financing Strategy for Development in the Dominican Republic,” he stated that the country is going through a decisive moment, characterized by economic growth, institutional consolidation, and political and social stability.
However, he warned that this process of advancement generates greater needs for infrastructure and public services, such as road modernization, port development, urban mobility, access to drinking water, energy, public health, and technological transformation.
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In that context, Lugo Risk stated that the public-private partnership model constitutes an alternative to promote the works contemplated in the Meta 2036 Plan, since it allows the public sector to maintain leadership, establish collective priorities, define standards, supervise contract compliance, and guarantee citizens’ rights, while the private sector provides resources, specialized knowledge, innovation, and operational capacity.
The activity was organized by the DGAPP and the Ministry of Finance and Economy (MHE), with the participation of representatives from the Government, international organizations, multilateral banks, investment funds, fiduciary entities, entities linked to the public-private partnership system, and other national development stakeholders.
