Eddie Razak

Agensi Inovasi Malaysia

4 November 2015

SOCIALPUBLIC-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 . . .. . . still follow a suppy-driven, top-down approach that result in low impact & high cost

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Government alone can’t solve social problems . . .. . . nor can civil society

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 approach needed . . .. . . for preventive intervention

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

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Creative, Innovative

Voluntary, Enthusiastic

Co-create solutions

Social Protection

Social programmes

GOVERNMENT Intervention

SO

CIA

L S

EC

TO

R I

nte

rve

nti

on

Shared role

Social Investment

Can social investment . . .. . . help government get ahead of social problems?

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?

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Strategies on Social Innovation

Incentives forsocial impact

investment

Social finance for public-private

partnershipmodel

Taskforce to coordinate

social serviceinitiatives

Social PPPRM1 million

fund

July 2015

Inaugural fund demonstrates PPP for social purpose . . .

RM500,000 RM500,000

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Aligning interests and resources for social good . . .

Social + Tech

Collective Impact

School Retention

Youth Upskilling

Social PPPRM1 million

fund

July 2015

SPOs work collaboratively

Impact measurement to assess effectiveness

Capacity-building for SPOs

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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

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National Blue Ocean Strategy. . . Social PPP as a ‘People Economy’ blue ocean opportunity

Deliver high impact social services at low cost to the government through public-private partnerships

Policy

Development

Promotion

Regulation

Enforcement

Standards

Research

Reporting

NationalSocial Council

Facilitation Fund

Board

Social ImpactCommittee

InvestmentCommittee

administeroversee Social Finance Corporation

Social Progress Commission

Social Innovation Fund

Social Impact Bond

Investment in Other Funds

DevelopmentAssistance

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

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Thank You

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