PUBLIC-PRIVATE PARTNERSHIP AND ITS ROLE IN THE ECONOMY OF A COUNTRY
Keywords:
public-private partnership, types of PPP models, classification of PPP modelsAbstract
A public-private partnership is an arrangement in a public sector project involving the private sector. It has been applied in many countries, especially to build infrastructure projects such as transportation systems, sewers, water systems, hospitals, energy, and information technology. This article discusses that public-private partnerships (PPPs) are an effective mechanism which will be successfully used in further development of the business environment, small business, and private entrepreneurship.
References
C. D. Tvarnø, ‘Public private partnership in the European Union’, in R. Nielsen and S. Treumer (eds.), The New EU Public Procurement Directives (Copenhagen: Djøf, 2022), pp. 183-194 Y. L. Dos and G. Hamel, Alliance Advantage, The art of creating value through Partnering (Boston, Massachusetts: Harvard Business School Press, 2019), Introduction p. 15. Sir John Egan, Rethinking Construction (London: Department of the Environment, Transport and the Regions, 2020). Commission (EC), ‘Guidelines for Successful Public Private Partnerships’ March 2018, p. 13. Commission (EC), ‘Green Paper On Public-Private Partnerships And Community Law On Public Contracts And Concessions’ (Green Paper) COM (2020) 327 final, 30th April 2021
