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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Pr. George’s school board approves next phase of public-private partnership for new buildings

The Washington Post 30 Sep 2023
The Prince George’s County Board of Education approved the second phase of schools that will be financed through a public-private partnership ... ....
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Guest Commentary: Florida got it right after Hurricane Ian

Lehigh Acres Citizen 30 Sep 2023
history–was, it brought Floridians together in ways most of us couldn’t imagine before the storm, and resulted in much-needed public-private partnerships ... which supports recovery efforts in partnership with public, private, and other nongovernmental organizations....
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Theme of World Green Economy Summit 2023 revealed

Beijing News 30 Sep 2023
The Summit will discuss cooperation and exchange of knowledge and experience among stakeholders and international and regional organisations from the public and private sectors ... WGES will bring together a diverse cohort of stakeholders, empowering developing regions and encouraging global cooperation and public-private partnerships....
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Major ports embrace transformation to 'landlord ports' in pursuit of efficiency and growth

The Economic Times 30 Sep 2023
This shift towards public-private partnerships (PPP) is aimed at increasing efficiency and ......
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Congo expects upcoming Belt and Road Forum: minister

China.dot.org 30 Sep 2023
30 (Xinhua) -- China's invitation for the Republic of the Congo to the third Belt and Road Forum for International Cooperation shows the "excellence" of Congo-China relations, Congolese Minister of International Cooperation and the Promotion of Public-Private Partnership ......
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Oyetola: Ports Set to Begin Full Automation, Cargo Tracking

This Day 30 Sep 2023
I believe in the Public Private Partnership arrangement ... A statement by the ministry’s Director, Press and Public Relations, Henshaw Ogubike, noted that Pauli’s visit was facilitated by his partners in Nigeria, Premium Blue Economy Innovation and Investment ... He said his partnership ......
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Cisco, NEA deploying digital tool for PH’s 100% electrification

Manila Bulletin 30 Sep 2023
She thus highlighted that “public-private partnerships play a critical role in delivering meaningful and sustained outcomes,” with her noting that in the full household electrification goal of NEA, the US firm would be able to help in reinforcing the operational efficiencies of the ECs in servicing more than 14 million customers nationwide....
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Orioles, Maryland officials announce nonbinding stadium agreement, but not a lease

Pioneer Press 30 Sep 2023
It’s unclear why the parties announced the 30-year deal publicly when it’s uncertain when a lease agreement will be reached ... Because public-private partnerships can be structured in many different ways, it is uncertain how much those rights might be worth to the Orioles....
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Positive IMF outlook on PH a 'motivation', says Romualdez

Manila Bulletin 30 Sep 2023
House Speaker Martin Romualdez (Speaker’s office) ...Public Services Act—whereby foreign investors can now own 100 percent of public services projects in the country ... •Amendment to the Build-Operate-Transfer (BOT) /Public-Private Partnership (PPP) Act, which the House passed in December 2022 and the Senate approved recently on third and final reading....
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LandWey Floats Project ‘Isimi’, Targets Sustainable Living

This Day 30 Sep 2023
Nigeria ..  Omolabake Fasogbon ... “This roadmap is pivotal in realising the vision of sustainable living in Nigeria ... Ojei said that the project is also exploring partnership with public and private players, as well as green technology revolution to enhance quality living, while also supporting economic growth ... ....
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SBA Administrator Guzman Releases Statement on the Reopening of the 8(a) Application Portal

Enid News & Eagle 30 Sep 2023
WASHINGTON, Sept. 29, 2023 (GLOBE NEWSWIRE) -- On Friday, September 29, U.S ... “Though the administration of the 8(a) Program has been impacted by a recent court injunction and order, the program is open for business ... ### ... It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations ... ....
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Illicit trade casts shadow on India's progress towards achieving $5 trillion economy: Anurag Thakur

Beijing News 30 Sep 2023
New Delhi , September 30 (ANI) ... "We not only protect our economy but also contribute to a safer and more peaceful world ... However, given the intricate and alarming expansion of illicit trade, it underscores the need for enhanced intergovernmental collaborations and public-private partnerships to formulate a comprehensive strategy." ... (ANI) .......
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Multipolarity: False Hope for the Left

Dissident Voice 30 Sep 2023
“So we’re dealing really not only with a geographic split, but with a split of economic structures, a mixed public-private economy, not like the Western public-private partnership, which you socialize the losses and privatize the profits, but something where the aim is really not ......

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