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


Different thinking, tourism can be given a new height with long term approach: PM Modi

Blitz 27 Mar 2023
The general budget states that tourism will be promoted in a ‘mission mode’, with active participation of states, government programs and public-private partnership model. In the webinar, Modi said that if public facilities have increased, digital connectivity has ......

Six additional towns added to SIRO's Cork network

RTE 27 Mar 2023
Six additional towns are to be added to SIRO's fibre broadband network in Cork ... "Creating a fully connected Ireland is a key priority for Government and it is only possible through partnership between public and private investment working together," said Minister for Finance, Michael McGrath. ....

Saudi Arabia’s ‘vision and generosity are very well-suited’ to WHO’s work on global health issues, ...

Arab News 27 Mar 2023
The region now more than ever is uniquely positioned to support with its burgeoning economic prosperity among residents and the public and private sectors ... In what ways does the WHO Foundation want to mobilize greater private capital and public-private partnerships to advance the mission of WHO in Saudi Arabia and the wider region?....

Dubai boosts support services for creatives

Gulf Daily News 27 Mar 2023
Through partnerships with the public and private sector, the ‘Creatives’ Journey’ platform offers various services including the Zoho app to manage the operations of creative businesses ... Through another partnership with Letswork, it enables creative professionals ......

Minister of Railways, Communications and Electronics & IT Ashwini Vaishnaw writes: Technology at your service

Indian Express 27 Mar 2023
The country is focused on creating public digital platforms which are open source, available to everybody, of large scale and born-digital ... Using public funds, we ... In this public private partnership, no single entity has complete control over the platform, making it democratic....

Private sector vital in closing infra gap

The Manila Times 26 Mar 2023
In an event organized by the Australia Embassy in the Philippines last March 24 for the launch of the Partnerships for Infrastructure (P4I), experts said that the private sector has a huge role in delivering infrastructure plans and projects by engaging them in private-public partnership (PPPs)....

State NAACP says no to Go Forward taxes

Arkansas Democrat-Gazette 26 Mar 2023
Daniels said public-private partnerships can be beneficial, but he questioned the legality of the way Go Forward is operated, saying that, in his opinion, the state Constitution bars local governing bodies, such as the city of Pine Bluff, from investing in a private organization, such as Go Forward....

ADB proposes ‘roadmap’ to make Peshawar eco-friendly

Dawn 26 Mar 2023
... (PV) government building through public-private partnership; $200m for green transport for low-carbon and creating additional capacity and feeders involving public-private partnership; and $200m for water and watershed management and peri-urban agriculture and smart agriculture....

Nasarawa Partners UK to Undertake Climate Projects

This Day 26 Mar 2023
The Nasarawa State Government has signed a public private partnership with the UK-Nigeria Infrastructure Advisory Facility (UKNIAF) on a mutual accountability framework (MAF) to undertake climate projects ... Also speaking, Managing Director/CEO of NASIDA, Ibrahim Abdullahi, said the state was committed to the partnership for mutual prosperity....

Say ‘no’ to Go Forward

Arkansas Democrat-Gazette 26 Mar 2023
The Pine Branch of the NAACP recently voted to oppose the city's new Go Forward tax proposals because it imposes an unfair, regressive tax and represents a failed public-private partnership....

Corporate farming, agri research ensure food security, strengthen economy: PBF

Urdu Point 26 Mar 2023
In this regard, she added, public and private sector must play their due role in making improvements in agriculture sector ... The government and private sector are determined to rescue it from its current predicament ... Public-private partnership is direly needed to promote this farming at a fast pace," he added....

Land on lease will be given for higher production of seeds in Bihar: Minister

Hindustan Times 26 Mar 2023
The Bihar government is planning to launch a scheme under which agricultural land on lease would be provided to private agencies under the public-private partnership (PPP) mode for setting up seed production units. Bihar agricultural minister said the government would unveil the scheme under the fourth agricultural roadmap (Representative Photo)....

DHSUD taps more private firms for PBMM housing program

Manila Bulletin 26 Mar 2023
DHSUD Secretary Jose Rizalino Acuzar said the government alone could not afford to address the 6.5 million housing backlog and this is the reason why the department is pushing for joint venture agreement (JVA) and public-private partnership (PPP) ... ....