Infrastructure development is inescapable for both developed and developing countries. Urban Infrastructure Provision is the backbone of economic development. It attracts investors, development agencies, project construction contractors, and business stakeholders and government agencies in the light of good governance framework. In Ethiopia, good urban governance under the federal government is the pillar of poverty-reduction and attracts innovation and public private partnership complemented with institutional framework. This review paper used explorative research design confined to content analysis of secondary data about governance, innovation, public private partnership and institutional structures. The research provided empirical literature on the innovative models public private partnership, institutional structures and governance towards infrastructure development used in the industrialized and less industrialized countries.