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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Industrial tree plantation a game-changer to revive Sabah's timber industry

Malaysian National News Agency 18 Jan 2022
He said ITP, an innovative public-private partnership between the Sabah Government and timber industry to reduce and relieve pressure on tropical timber and the forest, ......
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Efforts to save rare 'Prairie Style' home on VA campus to resume

Union Leader 18 Jan 2022
Forrest, the current director, was appointed in June 2020 ... The VA plans to demolish the building as part of that expansion. Eaton said the 2,000-square-foot manager’s residence doesn’t stand in the way of planned construction projects and could potentially be saved, rehabbed and used to benefit veterans through a type of public/private partnership....
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New fund and community collaboration to boost La Crosse as river studies leader (copy)

Winona Daily News 18 Jan 2022
However, a new community partnership funded through the La Crosse Community Foundation is about to change that — and boost La Crosse as a hub for river studies ... “We’re excited to be part of a public-private partnership that creates experiential learning opportunities for students,” said Brennan President and CEO Matt Binsfeld....
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The Pentagon’s new cybersecurity model is better, but still an incremental solution to a big challenge

Federal News Radio 18 Jan 2022
In a recent conversation, John Weiler of the IT Acquisition Advisory Council, a founding member of the AB, said that to make CMMC 2.0 effective, the Pentagon needs a “very robust supply chain risk management public and private partnership to rapidly assess the technologies and architectures that government and industry rely upon.”....
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Dubai Expo will boost KP culture and tourism, hopes minister

The News International 18 Jan 2022
PESHAWAR ... The minister said that tourists and investors would be provided facilities and incentives through one-window operations and land to boost public-private partnership in the field of tourism ... Comments. Comment. ....
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Controversial California bill targets muni golf — and that’s missing the point

Golf 18 Jan 2022
The proposed legislation would modify the status of many California munis, stripping them of the protections afforded parks, tennis courts, soccer fields and other public open spaces, allowing them to be repurposed into housing built through public-private partnerships....
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Trans-Afghan transport corridor has wide-ranging benefits

Malaysian National News Agency 18 Jan 2022
WORLD. Trans-Afghan transport corridor has wide-ranging benefits ... Uzbekistan Embassy in Malaysia) ... The meeting resulted in the adoption of a joint action plan on the Mazar-i-Sharif-Kabul-Peshawar railroad project, and noted the importance of implementing the project on the principle of public-private partnership, according to the article ... .......
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Govt inks MoUs with 44 foreign firms at Dubai Expo

Dawn 17 Jan 2022
He said that KP was the only province in Pakistan that built the country’s first motorway to Swat through public-private partnership ... SE Alphine Group, a private company, would investment $150 million to build ski resort in Kalam through public-private partnership ... Another private ......
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KP govt inks MoUs with 44 foreign firms at Dubai Expo

Dawn 17 Jan 2022
He said that KP was the only province in Pakistan that built the country’s first motorway to Swat through public-private partnership ... SE Alphine Group, a private company, would investment $150 million to build ski resort in Kalam through public-private partnership ... Another private ......
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Manila Water starts P8-B Pangasinan bulk water project

Manila Bulletin 17 Jan 2022
Pangasinan Governor Amado Espino III said that the Public Private Partnership’s 200 MLD Bulk Water Supply project is the first in the province and in the region ... This was followed by the initial evaluation of Pangasinan Public-Private Partnership Selection Committee (PPP-SC) before the Notice of Acceptance was issued in November 2018....
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Int'l Cooperation Min. releases its 2021 annual report titled, ‘Engaging for Impact Towards Our Common Future: Int'l Partnerships for Sustainable Development’

Egypt Today 17 Jan 2022
... and Partnerships for Progress) ... The annual report outlines how international partnerships do not target merely the public sector, but also the private sector, which received funding of about $4.7 billion during 2020 and 2021 from international international institutions....
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Michigan High School Students Participating In Safe Driving Campaign

CBS Sports 17 Jan 2022
LANSING, Mich ... Court. Emails Between Judge, Prosecutor Didn't Spoil Allegan County Trial. It’s a public-private partnership between the Ford Motor Company Fund’s Driving Skills for Life program and the Michigan Office of Highway Safety Planning ... Police ... © 2021 Associated Press. All Rights Reserved ... Related. ....
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What you need to know about the controversial Reimagine Schools plan for Charleston

The Post and Courier 17 Jan 2022
The law, which went from a budget rule to an official state statute in April, allows school districts to open more than one public-private partnership school with nonprofits, who provide millions in additional funding....

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