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

‘Industry specific skill councils to help identify job market needs’

The News International 24 May 2019
The sector skills councils have a major role to play in supporting the development of the technical and vocational education and training sector as envisaged by the government and in helping promote the public-private partnership as laid in National Skills Strategy for All....
Edit

Govt committee recommends Rs1,837 bn development outlay for next fiscal

The News International 24 May 2019
“The APCC has approved national development outlay of Rs1837 billion including Rs675 billion as federal PSDP and Rs250 billion in shape of public private partnership (PPP) mode ... billion as federal PSDP and Rs250 billion in shape of public private partnership (PPP) mode....
Edit

LETTER: Grahamstown a shadow of its former self, thanks to ANC

Business Day 24 May 2019
... 1994 is now a R250m deficit; and  the private sector and volunteers are having to do the council’s work ... Appeals to the ANC to form a public-private partnership to revive the city have fallen on deaf ears — the demand is that “you give us the money and we’ll do it our way”....
Edit

Residents Recoil at Plan to Expand Beltway with Toll Lanes

The Washington Informer 24 May 2019
Hogan and other state officials have said a public-private partnership to not only expand Interstates 495 and 270 in Prince George’s and Montgomery counties but also add toll lanes is a way to relive congestion in one of the most heavily traffic states in the nation....
Edit

FG: Nigeria Lost N4.6tn to Import Waivers in Two Years

This Day 24 May 2019
The Full Business Case Compliance Certificate is for the development, deployment and management of automated customs gateway portal for Import Duty Exemption Certificate under a Public Private Partnership (PPP) arrangement with Forecore Technology Solution Limited, as the ......
Edit

Men's issues need to be addressed by politics, government, says Andrew L. Yarrow

Atlantic City 24 May 2019
... to appeal to men, these no more speak to many men’s difficulties than other politicians and public figures who see men’s problems through the simplistic lens of “toxic masculinity.” ... Significantly expanding public-private partnerships to provide training and job placement;....
Edit

Opponents to Beltway, 270 toll lanes speak out at town hall

Wtop 24 May 2019
At a town hall meeting in Prince George’s County Wednesday evening, residents spoke out against a proposal to bring toll lanes to portions of the Beltway and I-270. (WTOP/Mike Murillo) ... The meeting, held at Wayne K ... Maryland Gov ... To make the project a reality, the state would enlist a public-private partnership to build and operate the lanes ... More News....
Edit

'Those who don't perform will be left behind', says Jahangir Tareen on cabinet reshuffle

Dawn 24 May 2019
Cabinet reshuffle ... On economy ... When asked by the journalist about his hands-on involvement in governance despite the Supreme Court decision to disqualify him from public office for life, Tareen said he is committed to supporting Khan ... If we can't fix something we should do public-private partnership or privatise it ... We should engage the private sector....
Edit

Ministry tightens scrutiny of PPP projects to curb risks

China Daily 24 May 2019
A new round of investigation on risky public-private partnership (PPP) projects has started in China, with an eye on slowing the growth in local government debt and preventing financing risks, the Ministry of Finance said on Thursday ... The provincial financial departments should also remove all illegal PPP projects from the registration process ... ....
Edit

Tax bill deal shows big gains for Range, Virginia

Mesabi Daily News 24 May 2019
VIRGINIA — Details of the state tax bill came into public view Thursday as the compromise between Gov ... Saturday ... • Aurora ... Cuffe said planning for the new Miners Memorial project is ongoing in the design and build phase, which is expanding city ownership of the property for parking, public-private partnerships and a potential hotel and restaurant ... ....
Edit

Tax bill deal shows big gains for the Range

Hibbing Daily Tribune 24 May 2019
VIRGINIA — Details of the state tax bill came into public view Thursday as the compromise between Gov ... Saturday ... • Aurora ... Cuffe said planning for the new Miners Memorial project is ongoing in the design and build phase, which is expanding city ownership of the property for parking, public-private partnerships and a potential hotel and restaurant ... ....
Edit

Let the private sector spearhead economic turnaround

The News International 23 May 2019
He is coming up with a new growth strategy based on public-private partnership ... This is known as public-private partnership model ... Punjab government has identified projects worth Rs300 billion under public-private partnership and build-own-transfer mode that would be offered to the private sector ... This is known as public-private partnership model....
Edit

Naya Pakistan Housing Scheme

The News International 23 May 2019
Minister for Housing and Urban Development Mian Mehmoodur Rasheed has said a public-private partnership authority is being established in the province to ensure participation of the private sector in Naya Pakistan Housing Scheme and speedy construction of the housing units under the scheme....
×