The regulator too may view these passively, if not positively, as all such decisions or indecisions may be justified on the principles of propriety as also because of the comfort of the bail out of the depositor in the event of insolvency. The Mauritian experience Let me now turn to the situation in Mauritius.
The large advantage of the PPP method is that the developer does not only build the project, but also plans, maintains and operates the asset over time, so that the project can benefit from the operator’s expertise and experience, and the developer has an incentive to make the investment in a way that will minimize the operating and maintenance costs over time.