It provided the ranking of 25 countries based on index consisting of six broad factors: 1) a country’s legal and regulatory framework for concession projects; 2) the capacity of institutions that prepare, award and oversee projects; 3) the government’s ability to enforce laws and regulations for concessions, as well as the success rate of past projects; 4) the business, political and social environment for investment, 5) the financial facilities for funding infrastructure, and 6) ability to implement PPPs at a sub-national level. In terms of their environment for sustainable, long-term PPPs the countries are grouped in four broad levels of development: mature, developed, emerging and nascent. In wider international environment, Croatia rounds out the list of countries with PPP system classified as developed together with Slovenia and Lithuania. It is also highly ranked according to the overall scores, due to its efforts in creating regulatory and institutional framework that contributes to the overall sustainability of PPPs.
