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Review:

Public Private Partnerships

overall review score: 4.2
score is between 0 and 5
Public-private partnerships (PPPs) involve collaboration between government agencies and private-sector companies to finance, build, and operate projects for the public benefit.

Key Features

  • Shared risk and responsibility
  • Efficient use of resources
  • Innovation and expertise from both sectors

Pros

  • Increased efficiency in project delivery
  • Access to private-sector expertise and technology
  • Encourages innovation and creativity

Cons

  • Complex governance and accountability structures
  • Potential for conflicts of interest
  • Risk of excessive private sector involvement leading to profiteering

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Last updated: Sun, Nov 17, 2024, 05:24:43 PM UTC