Every infrastructure project is, to some extent, a partnership between the public and private sectors. There is no such thing as an infrastructure project that’s wholly public or wholly private. The public sector never drives the JCBs; the private sector never identifies the need for a project. The question is always over the precise nature of the partnership. Who designs the project? Finances it? Builds it? Operates it? Maintains it? Owns it? There are many ways to organise the partnership. One of them is a public-private partnership agreement (PPP). The idea of a PPP is that the government defines what…
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