Public Private Partnerships
A Public-Private Partnership (PPP) is a long-term contractual agreement between a public sector entity (government) and a private sector entity (company or organization). The partnership involves sharing risks, resources, and expertise to deliver a public service or infrastructure project. In a PPP, the private sector partner typically provides financing, design, construction, operation, and maintenance services, while the public sector partner provides regulatory oversight, policy direction, and access to the public’s use of the asset or service.