Public–private partnership

A public–private partnership (PPP or 3P or P3) is a government service or private business venture that is funded and operated through a partnership of government and one or more private sector companies.

PPP involves a contract between a public sector authority and a private party, in which the private party provides a public service or project and assumes substantial financial, technical and operational risk in the project. In some types of PPP, the cost of using the service is borne exclusively by the users of the service and not by the taxpayer. In other types (notably the private finance initiative), capital investment is made by the private sector on the basis of a contract with government to provide agreed services and the cost of providing the service is borne wholly or in part by the government. Government contributions to a PPP may also be in kind (notably the transfer of existing assets). In projects that are aimed at creating public goods like in the infrastructure sector, the government may provide a capital subsidy in the form of a one-time grant, so as to make it more attractive to the private investors. In some other cases, the government may support the project by providing revenue subsidies, including tax breaks or by removing guaranteed annual revenues for a fixed time period.

Latest News for: Public private partnership

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Opinion: Do we need a public-private partnership to save Stamford schools?

Stamford Advocate 26 Jan 2020
Chairwoman of the Board of Representatives’ Education Committee advises caution before embracing partnership ... ....
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DPWH is open to a review of past contracts — Villar

Manila Standard Today 26 Jan 2020
Malacañang on December 5 announced that all government public service contracts with private entities were subject to review to remove onerous provisions ... LRMC in 2014 won the bidding for the P64.9-billion LRT1 Cavite Extension, one of the public-private partnership projects of the Aquino administration....
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All about GAIN’s partnerships in Africa

Business Day Online 26 Jan 2020
Created in 2002 at a Special Session of the UN General Assembly on Children, GAIN supports public-private partnerships to increase access to the missing nutrients in diets necessary for people, communities and economies to be stronger and healthier....
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Saudi Arabia, UAE economies ‘to grow in 2020’

Arab News 26 Jan 2020
Al-Duaij added that there has been a rise in the participation of the private sector through a system of public-private partnership contracts, which are based on the participation of the government apparatus and the finance sector....
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Mural said to be world’s tallest unveiled in Karachi

Dawn 26 Jan 2020
A 286-foot-tall public art mural made by Italian artist Giuseppe Percivati called Rising Blue was unveiled at Centrepoint on Saturday evening ... Terming the mural an iconic example of public-private partnership, IPAF chairman Jameel Yusuf said the 286-foot-tall mural is the world’s tallest, tracing the stunning Karachi coastline....
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World’s tallest mural by single artist inaugurated at Centrepoint

The News International 26 Jan 2020
Jameel Yousuf, former chief of the Citizens-Police Liaison Committee and a patron of the IAK, said the mural is now regarded as an iconic example of public-private partnership as the best example of public art in the city of over 20 million people....
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My vision of a new Imo State, by Uzodinma

Business Day Online 26 Jan 2020
Mainstream Macro-Economic Programme which will involve a “3-R” Algorithm, recovery of damaged economic structures, reconstruction of core infrastructure, and rehabilitation of component micro-economic institutions – Micro-Small-Medium-Enterprises via Public Private Partnership (PPP)....
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Gulf aviation challenges present opportunity

Irish Independent 26 Jan 2020
This has allowed creative partnerships to emerge and shake up the status quo. A recent example is the partnership signed between Wizz Air and the Abu Dhabi Development Holding Company, to launch a new low-cost airline out of Abu Dhabi ... These projects could be delivered through public-private partnerships....
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Alabama Department of Mental Health seeks 3 crisis centers

Decatur Daily 26 Jan 2020
MONTGOMERY — The Alabama Department of Mental Health is asking the Legislature for $18 million to create three crisis diversion centers around the state ... In a 2016 report, the National Action Alliance for Suicide Prevention, a public-private partnership, called for more crisis facilities nationwide like Beshear is requesting ... Subscribe. ....
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Governor Wolf Announces PA Innovation Plan Proposal

Explore Clarion 26 Jan 2020
Attracting and leveraging additional support of the private sector by strengthening the quality of new project investments by awarding state funding competitively. By making investments more attractive to private sector funders, the commonwealth will encourage the development of longer-term funding through public-private partnerships....
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Business briefcase published Jan. 26, 2020

Independent Record 26 Jan 2020
This public-private partnership has enabled the establishment of a world-class high-fidelity mobile simulation education program right in Montana’s “backyard” and makes it accessible to health care providers at costs comparable to traditional training programs ... The deadline is noon Tuesday to be considered for publication the following Sunday....
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Proposal Considering New ATV Trails, Connectors on State Forest Land Receiving Local Support

Explore Clarion 26 Jan 2020
CLARION, Pa ... “A big part of the tourism push for the future is opening that up,” Straitiff said ... “It’s a linchpin to improving tourism in the future ... Others suggested the kind of partnerships that have been utilized in some other states. “We need a public-private partnership like the Hatfield McCoy trails ... .......
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Pine Bluff purchase of Plaza Hotel revives heyday hopes

Arkansas Online 26 Jan 2020
Ryan Whatley, CEO of Go Forward Pine Bluff, a public/private partnership of local business people that is working toward the revitalization of the city's downtown, said there are several options to raise money to fund renovation of the facility....
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