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


Folia Health joins the Cancer Moonshot’s CancerX Public-Private Partnership as a Founding Member

Enid News & Eagle 02 Jun 2023
CancerX is a public-private partnership aimed at accelerating innovation in the fight against cancer ... Announced by the White House Cancer Moonshot in February, CancerX is a public-private partnership to boost innovation in the fight against cancer....

This Lubbock business is the latest Expo Center sponsor

Lubbock Avalanche-Journal 02 Jun 2023
Terry County Tractor is the latest Lubbock-area business to announce its partnership with the Lubbock ... The Lubbock County Expo Center is a public-private partnership, relying on funding from a hotel/motel tax increase passed by Lubbock County voters in 2018 and private fundraising....

Marcos okays TPLEX extension project, says Balisacan

The Manila Times 02 Jun 2023
The TPLEX extension project will be implemented through a public-private partnership under the Department of Public Works and Highways (DPWH), with an estimated cost of P23.4 ......

A’s believe move is worth the gamble

Arkansas Democrat-Gazette 02 Jun 2023
The public-private partnership proposed between the A's and Nevada, in which the team would get hundreds of millions of dollars in taxpayer subsidies toward a new stadium, does not involve much in the way of public input. The bill was introduced on the Friday night of Memorial Day weekend, with public comment reserved for a hearing on Memorial Day....

Colorado House Speaker Julie McCluskie, Sen. Dillon Roberts tout 2023 legislative accomplishments

Summit Daily 02 Jun 2023
It allows and incentivizes public-private partnerships to develop affordable housing on unused, state-owned land ... “This bill will allow local public-private partnerships to have access to that land at a very low or no cost and then build housing on it,” Roberts said....

Zipline revolutionises healthcare delivery in 4yrs

B & FT Online 02 Jun 2023
The deputy Minister of Health, Alhaji Mahan Asei, described the partnership between the government and Zipline as a shining example of what can be achieved when the public and private sectors join forces with a common purpose. “Through this partnership, we have made Ghana a global ......

Thyme Care Joins Cancerx Innovation Accelerator As Founding Member To Ignite Cancer Moonshot

MENA FN 02 Jun 2023
(MENAFN - PR Newswire) National public-private partnership supports mission to slash cancer death rates by 50% over next 25 years; care navigation a crucial component for success Built by ... ....

Investing in green power is the way ahead says Hardeep Singh Puri at IACC Summit

Financial Express 02 Jun 2023
Sharing his experience while working with REVA, where they forged a public-private partnership, and Bajaj electric three-wheeler two decades back, John Smith Sreen, Director, USAID/India Indo-Pacific, said, “There has been tremendous growth and interest in the sector....

Commentary: How we can win the economic contest with China

Eagle-Tribune 02 Jun 2023
Today, one of the critical questions we’re facing is who will be the economic and innovation leader of the 21st century. America or China? ... 1 ... people, production and partnerships ... Finally, we need to pursue strong partnerships ... This includes partnerships with other nations as well as those between our public and private sectors ... 1 ... ABOUT THE WRITER. U.S ... ....

Towards industrial policy 2.0: Part - IV

The News International 02 Jun 2023
The state should step in such cases through public-private partnerships where the rewards to society at large are enormous.The main ingredients of a forward looking industrial policy for Pakistan ought to be ... Support for scientific research and development in both private and ......

MPT Mobility provides smart solutions for LGUs

Manila Standard 02 Jun 2023
MPT Mobility, the innovations arm of Metro Pacific Tollways Corporation (MPTC), launched its Smart Urban Mobility Solutions (SUM Solutions) suite, which aims to collaborate with local government units (LGUs) under a Public Private Partnership (PPP) arrangement to address mobility ......

Column: A’s believe Las Vegas move is worth the gamble — but that’s what it is

The Mercury News 02 Jun 2023
The public-private partnership proposed between the A’s and Nevada, in which the team would get hundreds of millions of dollars in taxpayer subsidies toward a new stadium, does not involve much in the way of public input. The bill was introduced on the Friday night of Memorial Day weekend, with public comment reserved for a hearing on Memorial Day....

ME and the UAE bring on the shine in the electric vehicles space

Gulf News 02 Jun 2023
Carsten Bender, Audi Managing Director at Audi Volkswagen Middle East FZE, says, “To accelerate the transition to electric mobility in the Middle East in 2023, arrangements such as government incentives, public-private partnerships, awareness campaigns, research and development, ......

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