Regional Open Innovation Campus (ROIC) ROIC_e-book | Page 20
PPP Structure
Reviewed literature and conducted analysis show that the best approach is to establish ROIC
under a PPP model. This model is most recommended for developing countries, as stakeholders
have a role to play at all stages of the park’s development. The public-private partnerships
offer the campus access to government resources, academic knowledge base, private sector
expertise, and financing.
According to proposed PPP scheme FAST is proposed to be the Private partner for the
government to design, build, finance and operate ROIC. FAST will be the entity to attract
different type of finances (Grants, donations, equity, Loan) and act as an implementing
partner for construction and management of the facility through the Development
companies.
The ownership will be divided between private partners and government according to their
investment.