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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Senior Donor Manager, Sovereign and Private Sector Engagement

Reliefweb 29 Jul 2021
Gavi, the Vaccine Alliance is a public-private partnership committed to saving children's lives and protecting people's health by increasing equitable use of vaccines in lower-income countries....
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Donated ambulance a shot in arm for rural health sector

Independent online (SA) 29 Jul 2021
She said the donation was a demonstration that a public and private partnership can bear fruit to the benefit of the community. "It is important that triple Ps (public private partnerships) work optimally because we cannot only relegate the responsibility of delivering services to the public sector....
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Nigeria’s infrastructural deficit: A clarion call for private sector investment

Business Day Online 29 Jul 2021
With wide experience in company law and practice, project finance, infrastructure regulation/finance and public-private partnerships, Nwangwu as an international consultant to multilateral institutions, has been involved with framework issues in the field of ......
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Centre’s move to roll out BharatNet on PPP mode may not find many takers

Business Line 29 Jul 2021
The global tender for development of the rural broadband project, BharatNet, through public-private partnership (PPP) model may not find too many takers due to legacy issues attached to the project ... There are concerns around the project not being able to deliver, even in a public-private partnership mode....
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US acting to better protect infrastructure from cyberthreats

Johnson City Press 29 Jul 2021
WASHINGTON — The Biden administration is taking steps to harden cybersecurity defenses for critical infrastructure, announcing on Wednesday the development of performance goals and a voluntary public-private partnership to protect core sectors ... The partnership was launched as a ......
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Ramaphosa touring Gauteng vaccination centres to motivate communities to get the jab

Independent online (SA) 29 Jul 2021
Ramaphosa will visit a public health facility in Tembisa and a private-public partnership centre in Midrand, in recognition of the close collaboration between government, the private sector and the active support of social partners. “This partnership has enabled South Africa’s vaccination programme to gather pace ... African News Agency (ANA) ....
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SCCI, SEED, KP Govt to join hand to improve investment climate in KP

Urdu Point 29 Jul 2021
Through KP Business Voice, SEED, in partnership with SCCI, is steering to strengthen Public-Private Dialogues between the KP business community and the KP government by articulating private sector problems, soliciting policy proposals and routing them to relevant government ......
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Toll replacement for Cape Fear Memorial Bridge voted down

Star News 29 Jul 2021
The Wilmington Metropolitan Planning Organization will not pursue replacing the Cape Fear Memorial Bridge with a public-private partnership toll bridge ... Last year an anonymous company presented an unsolicited proposal to NCDOT for a public-private partnership that would fully fund the bridge replacement by adding tolls....
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Bhubaneswar airport to be redeveloped through PPP mode

The Times of India 29 Jul 2021
Minister of state for civil aviation VK Singh told the Rajya Sabha that the Centre has approved leasing of the Biju Patnaik International Airport (BPIA) Bhubaneswar for their operations, management and development through public private partnership (PPP) mode....
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Experts canvass UK model to fix Nigeria’s housing delivery problems

Business Day Online 29 Jul 2021
Setting up State Affordable Housing Commissions as a public private partnership between state governments and organized private sector developers, academics, main landowners, building material suppliers etc is another good route to solving the housing problem....
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Finalists Announced for 2021 P3 Impact Award

All Africa 29 Jul 2021
The Award recognizes exemplary public-private partnerships (P3s) that provide solutions to pressing ......
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LETTER: Partnership way to go

Business Day 29 Jul 2021
Why? Because it is a public-private partnership in a crisis situation affecting one and all ... What we need is a policy shift that will build such partnerships across the spectrum of government and business, to get rid of the corruption that besets our country across the board, ......
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Punjab starts process to build covered foodgrain storage of 63 lakh tonne

Hindustan Times 29 Jul 2021
For the remaining 51 lakh tonne, it is proposed that private players be involved ... Of the state’s storage capacity of 262 lakh tonne, only 42 lakh tonne is covered under the private entrepreneurship guarantee (PEG) scheme of the Centre. These godowns are being run under the Public Private Partnership (PPP) mode....
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