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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Myrtle Beach hoping public-private partnerships will draw locals downtown

My Horry News 17 Apr 2021
Myrtle Beach is turning to public-private partnerships to draw more locals downtown. Currently, commercial activity in the district is concentrated along the tourist-heavy beachfront, while locals largely flock to the northern and southern parts of the city ... “The central section has not had that investment ... Contact Charles D. Perry at 843-488-7236 .......
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Delta to partner FG on solid mineral development

Business Day Online 17 Apr 2021
“We are attempting to undertake a public-private-partnership in the development of kaolin in the state while looking into other areas ... “I must say that we must continue to have a strong partnership between the federal government, state governments and the private sector....
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Ghana signs agreement with cocoa and chocolate companies to protect and restore forests

Ghana Business News 17 Apr 2021
WCF will also support monitoring and evaluation, innovation and private-public learning ... The Cocoa and Forests Initiative is a public-private partnership to end cocoa-related deforestation and forest degradation and promote forest restoration....
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Cocoa and chocolate companies forge partnership with Ghana to protect and restore forests

Ghana Web 17 Apr 2021
WCF will also support monitoring and evaluation, innovation and private-public learning ... The Cocoa & Forests is a public-private partnership to end cocoa-related deforestation and forest degradation and promote forest restoration....
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Court Permits FBI to Hack Computers Around the US to Eradicate a Hack

Interesting Engineering 17 Apr 2021
Combined with the private sector’s and other government agencies’ efforts to date, including the release of detection tools and patches, we are together showing the strength that public-private partnership brings to our country’s cybersecurity....
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Officials, residents celebrate public housing revamp at The Waves grand opening

The Florida Times Union 17 Apr 2021
“This is a huge departure from the public housing units that proceeded them,” said Jacksonville Beach Mayor Chris Hoffman.&nbsp... “It’s also a great example of what can occur when a good public-private partnership is in place.” ....
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Attica governor presents new plan for waste management

Ekathimerini 17 Apr 2021
The signing of private-public partnerships will take place in 2023, aiming to have all the facilities up and running in 2025 as part of the bid to reduce the volume of trash that is buried ... ....
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La. delegation urges approval of grant to replace I-10 bridge

American Press 17 Apr 2021
Louisiana’s congressional delegation is urging U.S ... The grant, along with the $85 million committed on the state level, would “enable leveraging gap financing” for the bridge through a public-private partnership, or P3 ... The state DOTD held a meeting in March to allow public feedback on three alternatives to replacing the I-10 bridge ... U.S. Sens ... ....
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Turkey’s missing $128bn triggers publicity campaign and police action

Arab News 17 Apr 2021
... to “128” in reference to the publicity campaign ... CHP lawmaker Kamil Oktay Sindir said the missing reserves showed the lack of financial transparency in the country, where several public-private partnership projects had been exempted from the audit of Turkey’s Court of Accounts....
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Donald Ryder, architect of Black heritage sites, 94

The Philadelphia Tribune 17 Apr 2021
James, also left its mark on the Upper Manhattan skyline, designing residential buildings such as the Lionel Hampton Houses, built by a public-private partnership; the Frederick Douglass Houses, built by the city’s Housing Authority in Harlem; and the Towers on the Park ......
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CISCM lauds Government for promoting E-governance

Ghana News Agency 17 Apr 2021
There was, therefore, the need for public/private partnership, leadership and ethical direction, as well as effective governance and non-obstructive regulations to ensure the success of policy development and implementation for growth....
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Braintree mayor issues warning to Petersen Pool/Rink developer

The Patriot Ledger 17 Apr 2021
"If he does not perform in 30 days, he will no longer do business with the Town of Braintree and the public/private partnership" established for the development of the complex ... He was also to provide the town with interior and exterior renderings of the complex and a construction schedule by the end of the month ... Facebook. Twitter. Email....
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Global LTE and 5G for Critical Communications Market – Top 10 Key players in 2021 ...

The Sentinel Newspaper 17 Apr 2021
3GPP (Third Generation Partnership Project), 450 MHz Alliance, 450connect, 4K Solutions, 5G PPP (5G Infrastructure Public Private Partnership), 5GAA (5G Automotive Association), 5G-ACIA (5G Alliance for Connected Industries and Automation), 5G-IA (5G Infrastructure Association), ......
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