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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P&D Board raises objection on PC-I of Ring Road project

Dawn 30 Jul 2021
After corruption allegations, the provincial government restored the alignment of the road and decided to construct it under Public Sector Development Programme (PSDP) instead of Public Private Partnership (PPP) which was originally planned ... under Public Private Partnership....
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SCCI joins hands with KP govt to improve investment climate

The News International 30 Jul 2021
Through KP Business Voice, SEED, in partnership with SCCI, is steering to strengthen Public-Private Dialogues between the KP business community and the KP government by articulating private sector problems, soliciting policy proposals and routing them to relevant government ......
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Centre nod to leasing of Bhubaneswar airport for management, upgrade

The Times of India 30 Jul 2021
The minister of state for civil aviation, VK Singh, informed the Rajya Sabha on Thursday that the Centre has approved the leasing of the Biju Patnaik International Airport (BPIA) for its operations, management and development through public-private-partnership (PPP) mode....
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Krsnaa Diagnostics' IPO to open on 4 August, close on 6 August

Live Mint 30 Jul 2021
... laboratory and tele-radiology services to public and private hospitals, medical colleges and community health centres pan-India. The company focuses on the public private partnership (PPP) diagnostics segment and has the largest presence in the diagnostic PPP segment....
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Ward 4 candidate Mike Nugent running for Missoula City Council as a moderate voice

Missoulian 30 Jul 2021
Nugent is a big fan of public-private partnerships to help work on the affordable housing issue ... "The city's got a housing plan that they worked on with a lot of public and private partners and I think they're doing a good job relying on that," Nugent said....
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‘Work-shirkers to be put in surplus pool’

The News International 30 Jul 2021
In order to increase the efficiency in Pakistan Railways, those who are not working need to be put in the surplus pool ... It is not a charity, it is a business partnership and both partners should benefit from it ... We are going to outsource schools, colleges and hospitals under public-private partnership for which work has already been started.” ... ....
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Meeting challenges of an aging society

China Daily 30 Jul 2021
Greater public and private ... Examples of government tasks include setting policies and standards, subsidizing people who cannot afford the private facilities, and incentivizing private sector participation, which can engage in effective models of public-private partnerships....
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National Resilience Core Group renews commitment to strengthen MSME resilience

Reliefweb 30 Jul 2021
The e-forum presented the accomplishments and best practices of the MSME RCG and did a ceremonial signing of the Memorandum of Understanding among all the members of the group as they reaffirmed this public-private partnership and mapped out next steps to support small businesses....
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Rajkot awarded for promoting cycling in city

The Times of India 30 Jul 2021
Rajkot. Rajkot city is among the top 11 cities out of 107 that took part in India Cycle 4 Change Challenge ... RMC also promoted Cycle2Work on social media ... The civic body also started a cycle sharing project at the Racecourse under a public-private partnership model besides providing subsidies to cycle buyers ... ....
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Telltale transactions help financial intelligence centre combat sex trafficking

North Shore News 30 Jul 2021
The project, a public-private partnership initiative launched in 2016, is led by the Bank of Montreal and supported by Fintrac and Canadian law enforcement ... However, sexual exploitation also took place at businesses, such as spas, massage parlours and private clubs, that offered illicit services, as well as at private residences such as apartments....
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Webster Township has hopes for stimulus funding and county broadband

The Sun Times News 30 Jul 2021
“It can be used for PPE and broadband, but not things like roads ... 4. In the township resolution, it states the township encourages the county board of commissioners to allocate ARP funding to a high-speed broadband public/private partnership that serves to connect every home and business in Washtenaw County ... ....
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JICA, IIT Hyderabad sign pact for technical cooperation project

Suryaa 30 Jul 2021
To achieve this, JICA experts will be dispatched to the institute and several initiatives will be implemented ... Since then, we have been cooperating with the IITH through various projects such as ODA loan for campus development, several technical cooperation projects, joint research projects and public-private partnership projects," he said ... .......
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Persiaran Agas cluster records 13 deaths, suspected cases involving VOC

Malaysian National News Agency 30 Jul 2021
REGION - SOUTHERN. Persiaran Agas cluster records 13 deaths, suspected cases involving VOC. " data-media="">. 29/07/2021 06.43 PM ... According to him, 2,643 factory workers have received their first dose of the COVID-19 vaccine through the Public-Private Partnership COVID-19 Industry Immunisation Programme (PIKAS) ... .......

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