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


COP28 Event: Climate-Smart Public-Private Partnerships (PPPs) - Building Low-Carbon and Resilient Infrastructure in Partnership with the Private Sector (World Bank Group)

Public Technologies 07 Dec 2023
Public-Private Partnerships (PPPs) are powerful tools as they can provide well-informed and well-balanced risk allocation between public and private stakeholders, offering long-term visibility and stability for the duration of a contract, and compensating for climate change uncertainty through contractual predictability....

PPP projects struggle to achieve closure, stalling progress – Deloitte Partner

B & FT Online 07 Dec 2023
Advisory Partner at Deloitte, Yaw Apiah-Lartey has bemoaned the lack of closure to Public-Private Partnerships (PPPs) projects across Africa, stalling progress especially in the sub Saharan region ... “It is a well-established fact that many public-private partnership (PPP) projects across Africa have not been able to close successfully....

NBB’s Zied Jalali Highlights NBB’s Role in Climate Action during a Panel at COP28

bizbahrain 07 Dec 2023
The panel session focused on ‘Scaling Up Private Sector Engagement towards Climate Action’, ... Zied provided valuable insight on how the banking sector and banking regulators can improve capital flow into climate action public-private partnerships (PPPs)....

Oracle Opens Colombia's First Hyperscale Cloud Region

Longview News-Journal 07 Dec 2023
6, 2023 /PRNewswire/ -- Oracle today announced the opening of an Oracle Cloud Region in Colombia in partnership with Claro, becoming the first major cloud provider to establish a public cloud region in the country ... Via its partnership with Oracle, Claro offers OCI services to public and private sector organizations across Colombia....

Rural Health Education Complex in Kearney to be named for longtime UNK chancellor

York News-Times 07 Dec 2023
The recommendation to name the building after the longtime UNK chancellor originated with the William and Ruth Scott Foundation, the lead donor on the public-private partnership ... “We wanted to bring some focus to the kinds of things we would look at, and public health is certainly at the top of that list,” Scott said....

Correction: High-Speed Rail Vegas-California story

Weatherford Democrat 07 Dec 2023
Catherine Cortez Masto, both Democrats, led a bipartisan group including all of Nevada’s elected federal lawmakers and four House members from California that in April urged Biden to commit up to $3.75 billion in federal infrastructure funds toward what they call a public-private partnership....

UNK Chancellor Kristensen to retire after 22 years at school

York News-Times 07 Dec 2023
Perhaps most notably, in collaboration with the University of Nebraska Medical Center and public and private partners across the state, Kristensen has played the lead role in the development of what will become the largest rural health education center in the country ... That facility also represents a public-private partnership....

Paving the Path to Enhanced Cancer Care

Financial Express 07 Dec 2023
Public-Private Partnerships ... Collaboration and coordination among various entities, including the government, private sector, non-governmental organizations (NGOs), international institutions, and educational entities, are essential. These multi-stakeholder partnerships pool ......

Philippine unemployment rate hit 18-year low in October 2023

Manila Standard 07 Dec 2023
The Philippines’ unemployment rate reached its lowest level in nearly two decades in October 2023, according to the Philippine Statistics Authority (PSA) ... This represents the lowest unemployment rate since April 2005, the PSA said ... 11966, also known as the Public-Private Partnership (PPP) Code, by President Ferdinand Marcos Jr. on Dec. 5, 2023 ... ....

Post Pandemic Food Insecurity Worsens for Black Americans

The Oklahoma Eagle 07 Dec 2023
Many north Tulsans Affected. LOCAL & STATE ... Tulsa City Councilor Vanessa Hall-Harper paved the way for the creation of a public-private partnership that made this possible ... Bernard of Hunger Free Oklahoma referred to the Oasis store as an example of partnerships the organization has formed to fight hunger during and following the pandemic ... ....

Side Event on “Financing the Resilient and Sustainable Infrastructure: Role of Public-Private Partnerships (PPPs)” (Ministry of Environment, Forests and Climate Change of the Republic of India)

Public Technologies 06 Dec 2023
Role of Public-Private Partnerships (PPPs)" ... Role of Public-Private Partnerships (PPPs)" on 4th December 2023 at the India Pavilion, on the sidelines of the UNFCCC COP 28 at Dubai. The panel engaged in a discussion on the potential of Public-Private Partnerships (PPPs) as ......

RTA endorses AED2.5 bn investment portfolio featuring 10 projects in partnership with private sector

Emirates 24/7 06 Dec 2023
Dubai’s Roads and Transport Authority (RTA) has endorsed the ‘Dubai Portfolio for Public-Private Partnership (PPP) (2024-2026),’ encompassing 10 projects with an estimated value of AED2.5 billion ... "Promoting the public-private partnership (PPP) is crucial to uplifting Dubai's standing and appeal as an investors’ hub....

Sharing the pool: Public-Private Partnerships to advance catastrophe insurance in Central Asia (World Bank Group)

Public Technologies 06 Dec 2023
Now, the government is building a public-private pool ... Private-public partnership in disaster risk finance is another solution to examine ... For a major shock, experience shows that neither the public nor the private sector can deal with the financial repercussions alone ... Infrastructure & Public-Private Partnerships....