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

Edit

RTA endorses AED2.5 bn investment portfolio featuring 10 projects in partnership with private sector

Emirates 24/7 06 Dec 2023
Dubai’s Roads and Transport Authority (RTA) has endorsed the ‘Dubai Portfolio for Public-Private Partnership (PPP) (2024-2026),’ encompassing 10 projects with an estimated value of AED2.5 billion ... "Promoting the public-private partnership (PPP) is crucial to uplifting Dubai's standing and appeal as an investors’ hub....
Edit

Union 71: new Dubai neighbourhood in the works

Time Out Dubai 06 Dec 2023
It’s one of the projects listed under the Dhs2.5 billion Dubai Portfolio for Public-Private Partnerships for 2024-26, which was endorsed by Dubai’s Road and Transport Authority on Tuesday December 5 ... When talking about the Dubai Portfolio for Public-Private Partnerships for ......
Edit

NEDA chief: PPP code enables stable policy environment for infra projects

Manila Bulletin 06 Dec 2023
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said that the signing into law of the Public-Private Partnership (PPP) Code of the Philippines will create a more stable policy environment for infrastructure projects ... that safeguards public interests....
Edit

EFCC Calls for Adequate Funding to Combat Financial Crimes in Nigeria

This Day 06 Dec 2023
Nigeria . ... His words ...Public-Private Partnerships. Collaboration between the public and private sectors is integral to our success. Allocating resources to foster public-private partnerships will strengthen our collective ability to combat financial crimes, leveraging the unique strengths and perspectives each sector brings to the table ... ....
Edit

China leads on development goals, says UN official

China Daily 06 Dec 2023
Reaching the sustainable urbanization goal and the development of smart cities requires a societal approach, including investment from and partnerships with the private sector ... That is why we need more public-private partnerships, more integration," Chatterjee said....
Edit

Brightline's high-speed LA-to-Las Vegas rail project scores $3 billion in federal funding

Daily Press Victorville 06 Dec 2023
Catherine Cortez Masto, both Democrats, led a bipartisan group including all of Nevada’s elected federal lawmakers and four House members from California that in April urged Biden to commit up to $3.75 billion in federal infrastructure funds toward what they call a public-private partnership....
Edit

PHILANTHROPY, PUBLIC SERVICE AND A CULTURE OF EXCELLENCE

This Day 06 Dec 2023
... of hospitals.  The bigger potential in the programme is for a wholesale transformation of the civil and public services, with greater delegation of authority, stronger public/private partnerships, greater use of digital tools, and strengthened public integrity....
Edit

High-speed rail project secures $3 billion in funds from bipartisan infrastructure law

Elko Daily Free Press 06 Dec 2023
The funding comes as part of the Federal-State Partnership for ... They wrote that the funding would “unleash private investment at a critical moment for our nation, demonstrating the potential for public-private partnerships and planting a flag for American high-speed rail.”....
Edit

Marcos is 'doing well' while in Covid isolation—Palace

Manila Bulletin 06 Dec 2023
(Photo courtesy of Malacañang) ... 6. "He is doing well. He has a scheduled teleconference this afternoon," Garafil said ... 4 ... While in isolation, he signed the Public-Private Partnership Code of the Philippines (PPP Code) and the Internet Transactions Act of 2023 on Tuesday, Dec ... ....
Edit

Biden administration pledges $6 billion to a pair of high-speed electric rail routes in the ...

Enid News & Eagle 06 Dec 2023
Catherine Cortez Masto, both Democrats, led a bipartisan group including all of Nevada’s elected federal lawmakers and four House members from California that in April urged Biden to commit up to $3.75 billion in federal infrastructure funds toward what they call a public-private partnership....
Edit

SHC issues notices to govt against proposed PIA privatisation

Dawn 06 Dec 2023
... or the projects already initiated under the Public Private Partnership Authority Act, 2017, the Inter-Government Commercial Transac­tions Act, 2022, and the Pri­vatisation Commission Ordinance, 2000, in respect of the privatisation of PIAC, which was a public limited company....
Edit

Huawei explores path to Net Zero Campus at 3rd Smart City Expo Doha 2023 with UDC and Qatari Diar

The Peninsula 06 Dec 2023
Doha, Qatar ... This framework, designed to advance sustainable development, aligns with the priorities of Qatar’s government ... Safder Nazir, Senior Vice President, Public Sector Huawei Middle East & Central Asia, stated ... “The media round table highlights the importance of public-private partnerships in achieving sustainable urban development ... ....
Edit

High-speed rail line linking Las Vegas and Los Angeles area gets $3B Biden administration pledge

Tyler Morning Telegraph 06 Dec 2023
Sen ... Rosen and U.S. Sen. Catherine Cortez Masto, both Democrats, led a bipartisan group including all of Nevada’s elected federal lawmakers and four House members from California that in April urged Biden to commit up to $3.75 billion in federal infrastructure funds toward what they call a public-private partnership ... .......
×