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