Public-Private Partnership Units : Lessons for their Design and Use in Infrastructure
This report originated as part of a joint initiative between the Public Private Infrastructure Advisory Facility (PPIAF) and the East Asia and Pacific Sustainable Development Department of the World Bank. This paper defines a public-private partner...
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Format: | Working Paper |
Language: | English English |
Published: |
World Bank, Washington, DC
2021
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Online Access: | http://documents.worldbank.org/curated/en/220171468332941865/Public-private-partnership-units-lessons-for-their-design-and-use-in-infrastructure http://hdl.handle.net/10986/36108 |
Summary: | This report originated as part of a
joint initiative between the Public Private Infrastructure
Advisory Facility (PPIAF) and the East Asia and Pacific
Sustainable Development Department of the World Bank. This
paper defines a public-private partnership (PPP) as an
agreement between a government and a private firm under
which the private firm delivers an asset, a service, or
both, in return for payments contingent to some extent on
the long-term quality or other characteristics of outputs
delivered. It uses a broad definition of PPP because of the
different goals of each country's PPP strategy. This
paper seeks to answer the question of whether specialist
public-private partnership (PPP) units have contributed to
successful PPPs. |
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