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


Three states renew COVID-19 contracts, despite slow ramp-up

Lincoln Journal Star 06 Jul 2020
The affiliates of Silicon Slopes, a nonprofit that represents the state's tech start-up community, launched a new public-private partnership to assist governments as they tackled challenges like test deployment, virus tracking and data collection ... The ambitions of these public-private partnerships were immense....

PHA offers partnership to govt to stop closure of PTDC motels

The News International 06 Jul 2020
PHA emphasised that private sector should come forward and support ... The public-private partnership in tourism industry would develop the Northern Areas for the best tourism, and massive good employment opportunities could be created in Northern Areas by creating good hotels there....

Bank says fintech firms will struggle to preserve cash runway, stay afloat

Hong Kong Standard 06 Jul 2020
Now during this period, we have noted that funding for such ventures in the near and medium-term seems to have contracted in both the public and the private markets,” said Pearlyn Phau....

Climate disruption will far outlast virus

HJ News 06 Jul 2020
... is a public health crisis that will outlast the coronavirus ... It is critical that we enlist innovation from the private sector to achieve greater efficiency standards for transportation and infrastructure through clean energy research and public-private partnerships....

Lottery for new Aspen apartments to be held Wednesday

Aspen Times 06 Jul 2020
Main St ... The Main Street apartments are one of three projects that private developer Aspen Housing Partners is doing as a public-private partnership with the city of Aspen ... The public-private partnership consists of the city leasing the land to Aspen Housing Partners, as well as serving as the construction lender for the developments....

Apollo Forms “Apollo Strategic Origination Partners” Focused on Large-Scale Direct Lending

Tyler Morning Telegraph 06 Jul 2020
Mubadala’s asset investment arm, Mubadala Capital was established in 2011 and operates six integrated businesses focused on various asset classes and geographies that include private equity, public equities, credit, ventures, sovereign investment partnerships and Brazil....

Private trains: Companies will have freedom to decide on fare

Live Mint 06 Jul 2020
Indian railways will give private firms the freedom to decide upon the fare to be charged from passengers as it is gearing up to get run 151 run trains across 100 routes, via public private partnership (PPP) ... Last week, railways invited proposals to shortlist bidders and allow private companies run 151 modern passenger trains....

Want preferred seat in trains? You may soon have to pay extra, just like flights

DNA India 06 Jul 2020
When Railway Ministry's proposal to invite private players for operating trains on selected routes bears fruit, there may be some new services and surprises for passengers as well. The Public-Private Partnership (PPP) model, first for the Railways, may have many features which will be first of its kind in the country. ....

Braselton Community Improvement District proposes same millage rate

Atlanta Journal 06 Jul 2020
The Braselton CID is a public-private partnership created to promote commercial businesses, provide amenities and facilities to area residents and business owners, and create economic development within the district. Funding is provided through a self-imposed property tax ... ....

Shrinking spending

Dawn 06 Jul 2020
The budget for the last financial year had projected private investment of Rs42bn in Public-Private Partnership (PPP) mode ... PPP Act, 2019, with a view to remove the existing bottlenecks and facilitate the private sector participation in infrastructure and public service provision....

Medivir and SciLifeLab Enter Collaboration on Potential SARS CoV-2 Inhibitors

Pharmiweb 06 Jul 2020
This new collaboration between Medivir and SciLifeLab DDD platform is an excellent example of a public-private partnerships between industry and Swedish universities that could enrich and enhance this program" said Professor Olli Kallioniemi, Director of SciLifeLab....

Kiva Receives USAID Design Funding to Structure Innovative $100M Fund to Support 1 Million Women Globally

The Marshall News Messenger 06 Jul 2020

Dak Nong to have expressway to HCMC

The Saigon Times 06 Jul 2020
The expressway is slated to have four lanes with a maximum allowed speed of 100 kilometers per hour ... In early June, the Dak Nong government proposed that the ministry ask the prime minister for approval over calling on investors to develop the expressway under the public-private partnership format ... ....