Public–private partnership
Government/private company partnership
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A public–private partnership is a long-term arrangement between a government and private sector institutions. Typically, it involves private capital financing government projects and services up-front, and then drawing revenues from taxpayers and/or users for profit over the course of the PPP contract. Public–private partnerships have been implemented in multiple countries and are primarily used for infrastructure projects. Although they are not necessary, PPPs have been employed for building, equipping, operating and maintaining schools, hospitals, transport systems, and water and sewerage systems.
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Pakistan Senate Set to Debate on Resolution Seeking Ban on Social Media Platforms | Oneindia News Credit: Oneindia Duration: 02:31Published | |
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