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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Rwandan gov't seeks to strengthen cooperation with private financial institutions on infrastructure

Xinhua 18 Oct 2019
The government has initiated several public-private partnership projects in such areas as road, energy plant, information and communication technology, airport and affordable housing, and they will be achieved if private companies invest in these projects, he said....
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Nigeria Loses N18bn to PPP Arrangement, Says Immigration Boss

This Day 18 Oct 2019
The Comptroller General of the Nigeria Immigration Service (NIS), Mohammed Babandede, has faulted the Public Private Partnership (PPP) agreement signed by the Interior Ministry with private companies for the establishment of passport application support centers in United States, Canada and nine other countries....
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The power of partnerships

The News International 18 Oct 2019
Beyond the PPAF, it is a story of the usefulness and efficacy of public-private partnerships and the ability to translate the idea of collaborative change into action ... Beyond the PPAF, it is a story of the usefulness and efficacy of public-private partnerships and the ability to translate the idea of collaborative change into action....
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Kansas farmers use tech to save water, increase growth

Waco Tribune-Herald 18 Oct 2019
HUTCHINSON, Kan. (AP) — Father and son Ryan and Eugene Goering of Moundridge grow corn, soy and wheat ... Three Water Technology Farms initiated this public-private partnership ... These three-year pilot public-private partnerships demonstrate irrigation technology, research and management techniques," said Katie Ingels, a spokeswoman for the KWO ... ——— ... .......
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MoU signed for tram service in city

Dawn 18 Oct 2019
The project will be launched under public-private partnership (PPP) in a joint venture (JV) of two companies – one European and the other Chinese – and Punjab transport department ... According to the MoU, the JV will work jointly with the LTC in order to improve public transport sector in Lahore....
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MoU signed for tram service in Lahore

Dawn 18 Oct 2019
The project will be launched under public-private partnership (PPP) in a joint venture (JV) of two companies – one European and the other Chinese – and Punjab transport department ... According to the MoU, the JV will work jointly with the LTC in order to improve public transport sector in Lahore....
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TN to review housing policy after World Bank intervention

The Times of India 18 Oct 2019
Chennai. The state government is likely to review a report on framing Tamil Nadu’s first Urban Housing and Habitat Policy, which deals with significant aspects such as public private partnership in housing projects, housing finance and stamp duty ... “A consultant would be appointed for the purpose and a new report for the policy would prepared ... Chennai....
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University of California, Irvine and American Campus Communities Open Sustainable Student Living Center

The Marshall News Messenger 18 Oct 2019
“Our work at UCI has set a model for public-private partnerships as other universities have seen what we have done to transform UCI from a commuter campus to a campus where students can enjoy the benefits of the residential university experience.” ... The Academic Success Center, group and private study lounges help students prepare for success....
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Rex Theatre ready for debut

Union Leader 18 Oct 2019
Craig highlighted the public-private partnership between the Manchester Development Corporation (MDC) and the Palace Theatre to renovate the building that opened as a movie house in the 1930s and was later a bar/nightclub ... The Palace reached a 10-year partnership with Bellwether ......
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Whitmer: Governors across US firm up states' infrastructure

Detroit news 18 Oct 2019
Almost one-third of those costs came in just the last three years ... And Maryland is a pioneer of “microgrid as a service” purchasing agreements, which leverage public-private partnerships ... Maryland is also proud to have 12,000 IT companies, 1,200 private sector cybersecurity companies, and an unparalleled pool of cyber and technology workers ... .......
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WISeKey International Holding Ltd Reports Preliminary Nine Months 2019 Results

Omaha World-Herald 18 Oct 2019
WISeKey in cooperation with the Blockchain Research Institute (BRI) is creating a number of interconnected Blockchain Centers of Excellence around the world, to facilitate the rapid adaptation and on-boarding of blockchain-based solutions and foster stronger collaboration between the public, private and academic sectors....
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Fellow Democrat challenging incumbent city councilor in District 6

Albuquerque Journal 18 Oct 2019
Besides hiring more officers, what do you think the council could do to improve public safety? ... I sponsored the Mayor’s current sports tourism facility funding because it uses existing funds and public-private partnerships to create facilities without increasing taxes ... Let’s bring back the public input and empower our neighborhoods....
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Africa: Public, Private Partnership Critical to Africa's Developmental Agenda ---Institute of Directors, Ghana

All Africa 17 Oct 2019
There is the urgent need for Africans to embrace the call for synergy to develop Africa through strategic partnerships and collaborations .......

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