Public-Private Partnerships (PPPs)

Public-Private Partnerships (PPPs) are collaborative agreements between government entities and private companies to deliver public services or infrastructure. In a PPP, the public sector benefits from private investment, expertise, and efficiency, while the private sector gains opportunities for revenue. These partnerships often involve building roads, schools, or hospitals, where both parties share risks, costs, and rewards. PPPs aim to leverage the strengths of both sectors to improve services and reduce public spending, ultimately aiming to provide better outcomes for the community.