
Private-Public Partnerships (PPP)
Private-Public Partnerships (PPP) are collaborative agreements between government entities and private companies to deliver public services or infrastructure projects. In a PPP, both parties share resources, risks, and rewards. The government benefits from private sector efficiency and investment, while the private sector gains access to public contracts and can earn profit from the service or project. Common examples include roads, hospitals, and schools. These partnerships aim to improve public services while leveraging private expertise and funding, ultimately enhancing community resources without placing the full financial burden on taxpayers.