what is PPP(Public Private Partnership) in your words?

Expert Solution

The Public Private Partnership is a collaboration between two or more public agency and private sector companies to establish a project or to provide services.

The public private partnership projects are usually used to finance, build and operate projects, like metros, public transport system , bridges, air ports, hospitals and etc. This PPP is also used to operate projects as well.

Normally in a public private partnership when a When public agency is unable to finance a project, then it take financial help of private sector companies in exchange of eperating profits when the project is finished. Such as in many cases the private companies feeses from the benefiters of the project. Such as a toll bridge.

The main benefit of Public Private Partnership is that, it helps the government to complete large scale projects with private funding. this let the project to complete sooner.

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Rahul Sunny answered 2 years ago

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