PPP Agreements

Public-Private Partnership (PPP) agreements are collaborations where government agencies and private companies work together to develop, finance, and operate projects like roads, hospitals, or schools. The private sector often invests upfront and manages the project, while the government ensures public interests are met. In return, the private company earns revenue or payments over time. This approach reduces the government’s immediate costs and leverages private sector expertise, aiming for efficient delivery of public services while sharing risks and responsibilities between both parties.