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Eddie Razak
Agensi Inovasi Malaysia
4 November 2015
SOCIAL
PUBLIC-PRIVATE PARTNERSHIP
in Malaysia
Global Social Economy Forum
Asia Policy Dialogue
Seoul, Korea
 The dynamics of society has
changed – brought about by
population, connectivity,
migration, environment, etc.
 Social service needs have
become more complex
 Systemic social problems
need a fresh perspective and
creative new solutions
Government social services ...
...stillfollowasuppy-driven,top-downapproachthatresultinlowimpact&highcost
2
3
Government alone can’t solve social problems...
...norcancivilsociety
 Government action alone is not
enough, for many systemic social
problems
 Remedial action by government
and by civil society?
OR
Preventive intervention by both
government AND civil society
Whole-society approachneeded ...
...forpreventiveintervention
 Civil society can
provide preventive
intervention
 Government must
support civil society
as the heavy burden
of remedial action is
too great
 Whole-society
approach to needed
4
Creative,
Innovative
Voluntary,
Enthusiastic
Co-create
solutions
Social
Protection
Social
programmes
GOVERNMENT Intervention
SOCIALSECTORIntervention
Shared
role
Social
Investment
Cansocial investment .. .
...helpgovernmentgetaheadofsocialproblems?
 Government social services
and safety nets consume
large amounts of public
expenditure
 Should government leverage
on the social sector for
better outcomes at lower
cost?
5
6
7
Strategies onSocial Innovation
Incentives for
social impact
investment
Social finance for
public-private
partnership
model
Taskforce to
coordinate
social service
initiatives
Social PPP
RM1 million
fund
July 2015
Inauguralfunddemonstrates PPPfor social purpose ...
RM500,000 RM500,000
8
Aligning interests andresources forsocial good. ..
Social
+ Tech
Collective
Impact
School
Retention
Youth
Upskilling
Social PPP
RM1 million
fund
July 2015
SPOs work
collaboratively
Impact measurement
to assess effectiveness
Capacity-building
for SPOs
9
10
Role
• Report to AIM’s Governance Council
• Provide independent steering committee role
• Approve Social PPP funds (t.b.c.)
o Datuk Ahmad A Talib JP
Yayasan Salam
o Dato’ Sri Syed Zainal Abidin Syed Mohd Tahir
Brainy Bunch Islamic Montessori
o Dato’ Dr Hussamuddin Yaacub
Kumpulan Media Karangkraf
o Dato’ Leela Mohd Ali
Yayasan Budi Penyayang
o Dato’A Paramasivam
Malaysian Resources Corporation Bhd
o YM Raja Teh Maimunah Raja Abdul Aziz
Hong Leong Islamic Bank
o Mdm Angeline Chin
Credit Suisse
o En Burhanuddin Md Radzi
Les’ Copaque Production
o Dato’Alfred Adaikalaraj
Adaikalaraj Media Group
Private sector partnership...
PartnershipGOVERNMENT PRIVATE SECTOR
11
National BlueOcean Strategy
...SocialPPPasa‘PeopleEconomy’blueoceanopportunity
Deliver high impact social services at low cost to
the government through public-private partnerships
Policy
Development
Promotion
Regulation
Enforcement
Standards
Research
Reporting
National
Social Council
Facilitation Fund
Board
Social Impact
Committee
Investment
Committee
administeroversee Social Finance
Corporation
Social Progress
Commission
Social Innovation
Fund
Social Impact
Bond
Investment in
Other Funds
Development
Assistance
catalytic fund payment-by-result
Underserved, Marginalised, Disenfranchised
Sectors of Society
funding impact
capacity-building
& measurements
Foundations
Corporate CSR
Family Offices
Charities & NGOs
Impact Investors
Venture Philanthropy
Social Innovators
(Social NGOs, Social Enterprises, Community Organisations)
DEMAND-SIDE SUPPLY-SIDE SUPERVISIONSocial Finance ecosystem
12
Thank You
13

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Social PPP in Malaysia: Leveraging Public-Private Partnerships for Social Good

  • 1. Eddie Razak Agensi Inovasi Malaysia 4 November 2015 SOCIAL PUBLIC-PRIVATE PARTNERSHIP in Malaysia Global Social Economy Forum Asia Policy Dialogue Seoul, Korea
  • 2.  The dynamics of society has changed – brought about by population, connectivity, migration, environment, etc.  Social service needs have become more complex  Systemic social problems need a fresh perspective and creative new solutions Government social services ... ...stillfollowasuppy-driven,top-downapproachthatresultinlowimpact&highcost 2
  • 3. 3 Government alone can’t solve social problems... ...norcancivilsociety  Government action alone is not enough, for many systemic social problems  Remedial action by government and by civil society? OR Preventive intervention by both government AND civil society
  • 4. Whole-society approachneeded ... ...forpreventiveintervention  Civil society can provide preventive intervention  Government must support civil society as the heavy burden of remedial action is too great  Whole-society approach to needed 4
  • 5. Creative, Innovative Voluntary, Enthusiastic Co-create solutions Social Protection Social programmes GOVERNMENT Intervention SOCIALSECTORIntervention Shared role Social Investment Cansocial investment .. . ...helpgovernmentgetaheadofsocialproblems?  Government social services and safety nets consume large amounts of public expenditure  Should government leverage on the social sector for better outcomes at lower cost? 5
  • 6. 6
  • 7. 7 Strategies onSocial Innovation Incentives for social impact investment Social finance for public-private partnership model Taskforce to coordinate social service initiatives
  • 8. Social PPP RM1 million fund July 2015 Inauguralfunddemonstrates PPPfor social purpose ... RM500,000 RM500,000 8
  • 9. Aligning interests andresources forsocial good. .. Social + Tech Collective Impact School Retention Youth Upskilling Social PPP RM1 million fund July 2015 SPOs work collaboratively Impact measurement to assess effectiveness Capacity-building for SPOs 9
  • 10. 10 Role • Report to AIM’s Governance Council • Provide independent steering committee role • Approve Social PPP funds (t.b.c.) o Datuk Ahmad A Talib JP Yayasan Salam o Dato’ Sri Syed Zainal Abidin Syed Mohd Tahir Brainy Bunch Islamic Montessori o Dato’ Dr Hussamuddin Yaacub Kumpulan Media Karangkraf o Dato’ Leela Mohd Ali Yayasan Budi Penyayang o Dato’A Paramasivam Malaysian Resources Corporation Bhd o YM Raja Teh Maimunah Raja Abdul Aziz Hong Leong Islamic Bank o Mdm Angeline Chin Credit Suisse o En Burhanuddin Md Radzi Les’ Copaque Production o Dato’Alfred Adaikalaraj Adaikalaraj Media Group Private sector partnership... PartnershipGOVERNMENT PRIVATE SECTOR
  • 11. 11 National BlueOcean Strategy ...SocialPPPasa‘PeopleEconomy’blueoceanopportunity Deliver high impact social services at low cost to the government through public-private partnerships
  • 12. Policy Development Promotion Regulation Enforcement Standards Research Reporting National Social Council Facilitation Fund Board Social Impact Committee Investment Committee administeroversee Social Finance Corporation Social Progress Commission Social Innovation Fund Social Impact Bond Investment in Other Funds Development Assistance catalytic fund payment-by-result Underserved, Marginalised, Disenfranchised Sectors of Society funding impact capacity-building & measurements Foundations Corporate CSR Family Offices Charities & NGOs Impact Investors Venture Philanthropy Social Innovators (Social NGOs, Social Enterprises, Community Organisations) DEMAND-SIDE SUPPLY-SIDE SUPERVISIONSocial Finance ecosystem 12