Strategy 2020, the long-term strategic framework of the Asian Development Bank (ADB) for 2008–2020, identifies private sector development (PSD) and private sector operations as drivers of change in Asia and the Pacific. ADB bases its PPP operations on four pillars: advocacy and capacity development, enabling environment, project development, and project financing. Implementation of the PPP operational plan will be in two parts.
The first part (up to 2013) will include activities to be implemented within ADB to establish processes and practices to support PPP. After completion of the 2 years of operational plan execution, ADB will undertake an internal review of its PPP work.