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

Govt arranging funds to speedily develop Karachi, Murad tells PA

The News International 08 May 2021
Sindh Chief Minister Syed Murad Ali Shah has said that apart from providing maximum resources from the provincial kitty, additional funding from public-private partnership arrangements and international lending agencies is being arranged to develop Karachi at a faster pace....
Edit

‘Realising Nigeria’s informal economy’s potential hangs on credit access, reduced financial inclusion gender gap’

Business Day Online 08 May 2021
Public-private partnerships have been highlighted by international organizations like the United Nations as a crucial pathway to development ... How can the private sector partner more with the public sector to fill this gap? ... Ideally, private-public social interventions are a way to ......
Edit

‘Greece 2.0’ attracts investors

Ekathimerini 08 May 2021
Besides the private investments to be financed, there is also the prospect of participation in public-private partnerships (PPPs), and procurements by private companies ... It wants a strong private sector involvement in the plan’s realization, which is where we can be very useful; after all, this is what we have been doing in Greece for years....
Edit

Kenya says Chinese-built port in Lamu to receive first ship soon

People Daily 08 May 2021
... berths, started in 2015, while subsequent phases will be undertaken by the private sector under a public-private partnership framework and eventually result in 23 berths along its 10 km shore length....
Edit

Breck School Board hears Infinity Center idea

Wahpeton Daily News 08 May 2021
“There’s money raised … If there’s a way we could do a public-private situation, and merge these ... He said he believes it can happen if they market it right and achieve a public-private partnership between the school district, city, county and Infinity Center community group....
Edit

OCTC receives training grant for equipment and scholarships

Messenger-Inquirer 08 May 2021
Owensboro Community & Technical College is the recipient of a training grant from the Southeastern Construction Owners and Associates Roundtable, which has allowed the school to also give out two $500 scholarships to students ... This scholarship and grant program is a public/private partnership between the construction industry and the SCOAR ... ....
Edit

In Pakistan’s largest date producing region, Middle Eastern varieties bear fruit

Arab News 08 May 2021
KHAIRPUR ... Today, he is spearheading a successful campaign to produce Arabian dates at home ... The main region for date cultivation is Khairpur district in southern Sindh province, Jiskani’s hometown ... “The government should establish a laboratory for plant tissue culture or facilitate the initiative through public-private partnership,” he said ... .......
Edit

WHO Panel Authorizes Emergency Use of China's Sinopharm Vaccine

Time 08 May 2021
The public-private partnership said it was in discussions with several manufacturers, including Sinopharm, “to expand and diversify the portfolio further and secure access to additional doses” for countries in the COVAX program ... publicly available about them....
Edit

WHO panel OKs emergency use of China’s Sinopharm vaccine

Las Vegas Sun 08 May 2021
The public-private partnership said it was in discussions with several manufacturers, including Sinopharm, “to expand and diversify the portfolio further and secure access to additional doses” for countries in the COVAX program ... limited information publicly available about them....
Edit

Editorial Roundup: New England

The Sun Chronicle 08 May 2021
The funds must be spent by the end of 2024 on broad categories such as expenses related to COVID-19 response, government services affected by the pandemic, or investments in public infrastructure like broadband ... Still, this is the definition of a public-private partnership, one that officials say could be a model for smaller cities nationwide....
Edit

Governor Hogan Announces Project Bounce Back, $25 Million Public-Private Partnership to Support Youth Recovery From COVID-19 (The Office of the Governor of the State of Maryland)

Public Technologies 07 May 2021
ANNAPOLIS, MD-Governor Larry Hogan today announced the launch of Project Bounce Back, a $25 million first-in-the-nation public-private partnership to help Maryland youth recover from the devastating impacts of the COVID-19 pandemic ... Distributed by Public, unedited and unaltered, on 06 May 2021 21.50.08 UTC....
Edit

BNSF Railway asks Coast Guard to start process to remove historic rail bridge

The Bismarck Tribune 07 May 2021
The railroad also was not given the chance to consult about extending a key deadline for the nonprofit to create a public-private partnership and eventually allowing the group to move forward without a public partner, according to Herzog's letter ... public-private partnership alone....
Edit

India and Brazil need their own operation warp speed

Live Mint 07 May 2021
sophisticated and effective public-private partnerships ... That will take more public-private partnerships ... Engineering a public-private response to Covid-19 may elude them. Operation Warp Speed proved that public-private partnerships can create the force needed to mount a huge and effective vaccine program....
×