Short Notes: Public-Private Partnerships (PPPs)
Posted by Ripon Abu Hasnat on Tuesday, May 27, 2014 | 0 comments
A
form of financing public investment, and sometimes the direct provision of
public services, in which finance is provided by private investors (in return
for interest), and private firms are involved in the management of the
construction or operation of the publicly-owned facility. PPPs have been heavily criticized for
increasing the cost of public projects and generating undue profits for private
investors.
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