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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Inadequate Classrooms, Toilets Affecting Schools in FCT, Says Report

This Day 03 Mar 2021
As part of the recommendations, however, is a call for more toilets to be provided to prevent open defecation in addition for retraining of teachers to enable put in more, while the government should engage more Public-Private Partnership (PPP) to enhance the provision of education facilities....
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Maharashtra aims to achieve 40 per cent electricity generation through renewable sources by 2030

Frontline 03 Mar 2021
The Maharashtra government pushes for solar power generation under its new unconventional energy policy. IT is something of a puzzle ... Public-private partnership (PPP) has played a significant role, with private players tying up with MAHAGENCO (Maharashtra State Power Generation Company Ltd, the erstwhile Maharashtra State Electricity Board) ... .......
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NIH invests in next iteration of public-private partnership to advance precision medicine research for Alzheimer’s disease (NIH - National Institutes of Health)

Public Technologies 02 Mar 2021
Tuesday, March 2, 2021 NIH invests in next iteration of public-private partnership to advance precision medicine research for Alzheimer's disease ... As before, FNIH will manage a steering committee to provide strategic direction of the partnership's research plans with representation from public- and private-sector partners....
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PMC to develop Jambulwadi lake for recreational activities using PPP model

Hindustan Times 02 Mar 2021
After Pashan and Katraj lakes, the PMC is set to develop the Jambhulwadi lake near Ambegaon using the public-private partnership (PPP) model ... After Pashan and Katraj lakes, the PMC is set to develop the Jambhulwadi lake near Ambegaon using the public-private partnership (PPP) model....
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Technical Lead, Ghana Private Sector Engagement (Health Services)

Reliefweb 02 Mar 2021
Private sector invests in low-cost quality services.” ... Designs models for increased service delivery, including using public-private partnerships and examining financing opportunities ... ​ Extensive progressive experience in roles related to private sector health, public-private partnerships, and private investments in health in Ghana....
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ENGIE ramps up KSA expansion as energy embraces private sector

Arab News 02 Mar 2021
The new investments will cover a wide range of services, but the bulk of the $6.34 billion will be in new public-private partnerships (PPPs) focused on utility and social infrastructure projects, Turki Al-Shehri, ENGIE’s CEO in Saudi Arabia, explained to Arab News....
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IOTA and Horizen Partner to Maximize IOTA Oracles Adoption by New Blockchains

BTC Manager 02 Mar 2021
... to create their public or private blockchains, announced a partnership with IOTA....
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Adani Ports to develop West Container Terminal at Colombo Port

Business Line 02 Mar 2021
During the February 1 Cabinet meeting, Sri Lanka’s Ministry of Ports and Shipping also proposed “to develop the West Container Terminal (WCT) in parallel with the ECT as a Public, Private, Partnership (PPP) project under BOT basis for 35 years by a joint venture comprising SLPA ......
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City set to hear update on soccer complex, discuss proposal on downtown hotel

Enid News & Eagle 02 Mar 2021
City commissioners are set to hear an update Tuesday on the construction of Enid’s new soccer complex, which is being called a “great example” of a public-private partnership in Enid ... Other donors listed on the complex’s website include Enid Public Schools, Johnston Seed Co., the Wrights, Myra Ward, St....
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Kansas Real Estate Appraisal Board Launches Redesigned Website

News-Press Now 02 Mar 2021
The Information Network of Kansas (INK), NIC Kansas and the Kansas Real Estate Appraisal Board partnered to redesign the site through a public-private partnership at no cost to taxpayers or appraisers ... (INK) is a public-private partnership responsible for the development of the ......
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Invest Texas Council Applauds Governor Abbott’s Announcement Lifting COVID-19 Restrictions

Texas Border Business 02 Mar 2021
That is why ITC encourages Texas to enhance its public-private partnerships that have the proven ability to keep pace with population growth through private investment in critical water, power and transportation ......
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Letter: Government-owned broadband wouldn’t deliver for Weymouth residents

The Patriot Ledger 02 Mar 2021
Instead of rushing into costly and unreliable solutions at a time when municipal budgets are already strained by the COVID-19 crisis, we should continue building on the public-private partnerships that have worked to provide fast, reliable internet to consumers across Massachusetts....
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