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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Firm Partners UK Institute to Train Fire Service Officers

This Day 17 Jun 2019
Falck Prime Atlantic (FPA), a subsidiary of Prime Atlantic Limited, has commenced a collaboration with a renowned Fire Service College, United Kingdom, to deliver specialised firefighting training to the public and private sectors in Nigeria ... However, commenting on the partnership, the Director, Falck Prime Atlantic, Mrs....
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Gram panchayat asks public to click photographs of those dumping construction debris

The Times of India 17 Jun 2019
Appealing to the public to help tackle the mounting problem of construction debris dumped by miscreants near the Bandipalya ... The project, initiated under the public private partnership (PPP) model is expected to mitigate the problem of managing construction waste in Mysuru....
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Early childhood education programs crucial for future

The Galveston Daily News 17 Jun 2019
A fundamental issue limiting the ability of Texans to reach their full potential is lack of early education funding and focus ... The trustees knew we had a responsibility to advance educational attainment in Galveston, leading to the public/private partnership with Moody Early Childhood Center and creation of the Generation Moody Education Initiative....
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Anti-Energy activists are trying to make Pennsylvania the next California | Opinion

Penn Live 17 Jun 2019
Over the past decade, Pennsylvania has emerged as one of the country’s greatest energy success stories ... has continued to hit new record highs ... As the U.S ... Take California, for example ... ... Pipelines provide the most reliable form of energy transportation, and new technologies and strong public-private partnerships continue to make them even safer ... ....
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Maine senator backs push for better public health data

San Francisco Chronicle 16 Jun 2019
The money would award grants to public health departments to improve data collection and analysis. It would also help develop public-private partnerships to expand and modernize systems....
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Saudi crown prince says to finalize $533 mln privatization deals this year -Asharq al-Awsat

This is Money 16 Jun 2019
The privatization drive is part of Vision 2030, a package of reforms led by Crown Prince Mohammed bin Salman that is intended to wean the economy off oil and create jobs for young Saudis ... Some of that money would come from asset sales, while the rest would come from public-private partnerships....
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Temple EDC, Workforce Solutions honored for Santa Fe partnership

TDT News 16 Jun 2019
... Development Council for their partnership on the business center ... The Santa Fe Business Center, which also houses the Temple Chamber of Commerce, is part of the $30 million redevelopment of the Santa Fe Plaza, a public-private partnership anchored by the historic Santa Fe Depot....
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Qatar- New PPP law to support private sector, foreign investors: Manateq CEO

MENA FN 16 Jun 2019
(MENAFN - The Peninsula) By Lani Rose R Dizon I The PeninsulaQatar's new public- private partnership (PPP) law, which is still under discussions, will reinforce the participation o... ....
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Historic Iowa hotel reopens after $16M renovation

Waco Tribune-Herald 16 Jun 2019
After her most recent stop this week, she called the Hotel Maytag "an excellent example of public-private partnerships that provide affordable housing, set communities up for success and inspire the next generation's imaginations." ... Public-private partnerships, like the one that ......
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Kerala CM meets PM Modi; discusses privatisation of Trivandrum Airport

India TV 16 Jun 2019
The state government had earlier appealed to the Centre to reconsider its decision to lease out Thiruvananthapuram aerodrome for operation, management and development under the public-private partnership (PPP).� ... Therefore, it cannot be transferred to any private agency....
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Our view: Get Auburn's ambulance deal done

Auburnpub dot com 16 Jun 2019
The public hasn't been told much about why the TLC deal is taking so long to finalize, but we hope that the resolution is near. A privately ... Auburn taxpayers don't need to be subsidizing an ambulance service when a solid private-public partnership has been working for many years....
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Saudi crown prince says to finalise $533 million privatisation deals this year: Asharq al-Awsat

Yahoo Daily News 16 Jun 2019
The privatisation drive is part of Vision 2030, a package of reforms led by Crown Prince Mohammed bin Salman that is intended to wean the economy off oil and create jobs for young Saudis ... Some of that money would come from asset sales, while the rest would come from public-private partnerships. But that drive has had some false-starts ... ....
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Saudi crown prince says to finalise $533 mln privatisation deals this year -Asharq al-Awsat

This is Money 16 Jun 2019
The privatisation drive is part of Vision 2030, a package of reforms led by Crown Prince Mohammed bin Salman that is intended to wean the economy off oil and create jobs for young Saudis ... Some of that money would come from asset sales, while the rest would come from public-private partnerships. But that drive has had some false-starts ... ....
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