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

Port of Southampton and UK government launch first Port Economic Partnership

Dry Bulk 16 Sep 2019
Areas that the Partnership will focus on include leveraging the maximum benefit from public and private sector investment and ensuring that planning processes are as efficient as possible ... The Partnership will focus on ensuring that public and private sector organisations at ......
Edit

Louisiana officials reject tolls for $165 million bridge and tunnel project

News-Press Now 16 Sep 2019
John Bel Edwards’ administration’s plans to fund a $165 million Plaquemines Parish transportation project through a public-private partnership hit a snag when local officials objected to imposing tolls ... Wilson has touted the public-private partnership as an innovative way to ......
Edit

PTDC to hold gala on World Tourism Day

The News International 16 Sep 2019
PTDC will continue strengthening its relationships with private sectors and community organisations, he said while highlighting the importance of public-private partnership in this sector ... he said while highlighting the importance of public-private partnership in this sector....
Edit

FG to Commission 98.8KW Solar Hybrid Mini Grid Plant in Kebbi Tuesday

This Day 16 Sep 2019
REF projects are administered using a Public Private Partnership (PPP) model ... The statement said In line with REF’s Public Private Partnership (PPP) model, the project executed by Nayo Tropical Technology Limited was constructed in line with international standards and best practice ... ....
Edit

Kial says no to CAG audit, triggers controversy

The Times of India 16 Sep 2019
Though the CAG used to audit Kial accounts till 2016 and the general impression was that it was a company controlled by the government, the company claims that it is a public-private partnership firm with a 35% government stake and hence the CAG need not audit it....
Edit

Economic Development Partnership Hires Avery as Marketing and Research Director

The Edgefield Advertiser 16 Sep 2019
Economic Development Partnership Hires Avery as Marketing and Research Director. Aiken, SC –The Economic Development Partnership, serving ... The Economic Development Partnership is a public-private economic development organization that is celebrating its 35thyear of operations....
Edit

500 diagnostic centres to come up in Uttar Pradesh

Live Mint 16 Sep 2019
The Uttar Pradesh government will set up around 500 diagnostic centre, across the state, under the public-private partnership (PPP) model, to ensure timely health services, Sidharth Nath Singh, former state health minister of the state said last week....
Edit

Motorola Solutions CommandCentral Software Integrates with Avigilon Blue Cloud-Based Video Security Platform

The Marshall News Messenger 16 Sep 2019
“By bolstering CommandCentral Aware with video and alarms from the Avigilon Blue platform, we are helping to enhance public-private partnerships, an approach to reducing crime through collaboration between citizens and public safety agencies,” said John Kedzierski, senior vice president, Video Security Solutions, Motorola Solutions....
Edit

Conference report: When doing data right is wrong

Scotsman 16 Sep 2019
Doing Data Right is a challenging concept because ‘doing it right’ in one sense might mean not ‘doing it right’ in another ... In terms of data ethics, Eskelinen said it was necessary to work in public/private partnerships and to consider a whole range of ethical considerations ... Through People and Partnerships conference report ... ....
Edit

Disabilities employment conference in October

Guam Pacific Daily News 16 Sep 2019
to 4 p.m. on Oct ... 3. Click here to register ... Public and private partnership will be showcased as well, according to the announcement ... ....
Edit

Namibia struggling with unemployment: minister

China.dot.org 16 Sep 2019
WINDHOEK, Sept ... Namibia needs to put employment creation at the center of its national policies, create investment incentives and also conjure up public-private partnership," he said ... Enditem. ....
Edit

Iloilo City learns global disaster prep

Sun Star 16 Sep 2019
ILOILO City is a recipient of various capacity-building grants of global organizations and private sectors to strengthen its disaster preparedness. Mayor Jerry Tre�as said the city's gains stemmed from strong public-private partnerships, as he expressed gratitude to the business community for helping make the metropolis resilient....
Edit

Tamil Nadu unveils e-vehicle policy

The Times of India 16 Sep 2019
The state power utility, Tangedco, will set up charging infrastructure on its own or through private operators using appropriate public private partnership model,” the policy said, adding that provision for charging stations would be made in commercial buildings, such as hotels, shopping malls and cinema halls....

Most Viewed

×