
PPP Model
The Public-Private Partnership (PPP) model is a collaboration between government and private companies to finance, build, and operate public projects like roads, schools, or hospitals. In this arrangement, the private sector handles designing, funding, and managing the project for a period, while the government ensures public interests are met. PPPs leverage private sector expertise and resources, aiming for efficient delivery of public services and infrastructure. After the contract period, ownership or operational rights often transfer back to the government. This model helps share risks and benefits, improving infrastructure development without solely relying on government funding.