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Public-Private Partnerships (PPP)

Public-Private Partnerships (PPPs) are long-term contracts between a public sector organization (e.g. government) and a private sector company to provide a public project or service. The private company partly or fully finances, builds, and operates the project in return for payments over the contract lifespan. PPPs allow governments to utilize private sector expertise and funding to develop public infrastructure and services. They are commonly used for projects like hospitals, schools, prisons, roads, bridges, etc. Private equity and venture capital firms often invest in PPP projects which offer stable long-term revenues under government contracts.

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