What is PPP ?
PPP are long term contracts between private and public sector entities, aiming at implementing projects and delivering services
Private and public sector have distinct roles:
- The ownership of the property remains in the Public, which also maintains a strong supervisory and regulatory role.
- Constructing quality projects while providing high quality services to citizens/ end users
- Utilizing the expertise and efficiency of the private sector.
- An important tool to stimulate economic growth, leveraging private funds in development projects.