Project risk is transferred to the party best positioned to absorb it. Key factors in selecting a PPP model are the level of urgency, current availability of funds and certainty. A variety of new and innovative PPP infrastructure delivery models have been developed in recent years to increase private sector participation and induce more competition in in the utility - Infrastructure sector. A vastly improved overall regulatory investment climate for infrastructure; and economic stimulus is essential. Harmonization is about establishing the link between market structure and institutional requirements of regulatory systems, and the design of regulatory rules. This presentation is about integrating all these dimensions together to induce more competition in the utility sector.