4.3 Partnership with the Private Sector: Principles and Practice

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SpeakerName: Mr. Richard Welford, Chairman, CSR Asia, Singapore

Description: This presentation set the stage for the discussion on partnerships, highlighting that there is a big role for the private sector to play in development issues, including education. This presentation therefore clarifies that partnerships concern the active engagement of the private sector with government, NGOs or both. The discussion affirmed the fact that the private sector is now recognizing the limitations of philanthropy, and these key limitations of traditional philanthropy are reviewed.