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


Innovative public–private partnership models for sustainable food supply chains (APO - Asian Productivity Organization)

Public Technologies 18 May 2022
Public-private partnerships (PPPs) have emerged as important mechanisms to increase productivity in the agrifood and other sectors to benefit both producers and consumers ... The APO organized a workshop on Innovative Public-private Partnership Models for Improving the Sustainability of Food Supply Chains, 26-28 April....

The digital euro will remain the center of the “common currency”

Swords Today 18 May 2022
Public-private partnerships can continue to be a win-win situation – he continued – perhaps in the digital age ... In his speech he suggested this distinction between the concepts of “public money” and “private money”, which is quite clear....

Industry must invest in skills development – Expert

Joy Online 18 May 2022
Yaw Osei Adutwum, pledged the government’s commitment towards public-private-partnerships to enhance the gains in the sector ... “GITEC and the Ministry of Education by extension remain committed to this kind of private-public partnership model as demonstrated by the KNUST-ACCESS relationship and many others alike,” he said....

Sovereign Group acquires PRO Partner Group

Gulf Daily News 18 May 2022
... notably, the UAE’s FDI Decree, permitting 100% foreign ownership of onshore companies, and Saudi Arabia’s Private Sector Participation Law, setting out a clear framework for privatisation as Public-Private Partnerships (PPPs) – and as global investment picks up....

Joy Clark returns to Digicel after 5-year break

Jamaica Observer 18 May 2022
Clark, whose appointment took effect on April 1, is a well-established professional with an entrenched brand in corporate circles, aligned to service excellence ... Clark stepped into the new role following a strategic refocus on shaping the way Digicel Business forges lasting and progressive partnerships across the public and private sectors ... ....

History revisited as Mumbai celebrates 150-year anniversary of Bhau Daji Lad museum

The Times of India 18 May 2022
MUMBAI ... "That this city was built on a public-private partnership is the true spirit of Mumbai," said state minister for tourism, environment and protocol and former history student Aaditya Thackeray at a ceremony marking the 150th anniversary of Dr Bhau Daji Lad museum, Mumbai's oldest museum ... "I went through the book ... ....

Find out which Benton County Democrat candidate won in primary here

Albany Democrat Herald 18 May 2022
He also said he’s made some tough choices to protect the public and businesses during the pandemic ... He declined to comment whether the landfill should be allowed to expand, saying it wouldn’t be appropriate before hearing from the public ... He added he would consider a private-public partnership to help advance Republic’s facilities....

Volunteers sought ‘to make a difference’ downtown

South East Sun 18 May 2022
“Committee membership is open to the public and we welcome anyone interested in making a positive difference in the downtown district.” ... Main Street Alabama stresses public-private partnerships and strategies that create jobs, spark new investment, attract visitors and spur economic growth....

Lula’s Workers’ Party wants PPPs to focus on sustainability to boost Brazil’s growth

Metro USA 17 May 2022
BRASILIA (Reuters) – Brazili’s former president Luiz Inacio Lula da Silva, who is running for office again in elections in October, and his Workers’ Party (PT) want public-private partnerships in infrastructure to focus on sustainability with development bank BNDES providing loan guarantees should he win....

Lula's Workers' Party wants PPPs to focus on sustainability to boost Brazil's growth

Reuters 17 May 2022
BRASILIA, May 17 (Reuters) - Brazili's former president Luiz Inacio Lula da Silva, who is running for office again in elections in October, and his Workers' Party (PT) want public-private partnerships in infrastructure to focus on sustainability with development bank BNDES providing loan guarantees should he win....

Cuyahoga County gives early approval to millions of dollars in COVID-19 stimulus spending

Cleveland 17 May 2022
During the public comment session, Greater Cleveland Partnership President/CEO ... The $9 million grant would be awarded to Fund for Our Economic Future of Northeast Ohio, which would function as the fiscal agent of private-public partnership Cuyahoga County Workforce Funders Group....

Wolf vows aggressive push to establish hydrogen and carbon storage hub

The Bradford Era 17 May 2022
"Since October of 2021, the state has been working with energy stakeholders across the public, private, and non-governmental sectors to develop strong public private partnerships that address the challenge of industrial sector decarbonization with a focus on carbon capture and clean hydrogen as enabling technologies," the department wrote....

Urbanization must for India's quantum economic growth: Amitabh Kant

Beijing News 17 May 2022
Government's role should be in public policy in areas like health, education and nutrition, and the public policy should help create wealth through the private sector. We should push for more and more private public partnerships to get the kind of growth we are aiming for," added Kant....

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