Public-Private Partnership (PPP) - Definition or Meaning

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Public-Private Partnership (PPP)

Author:

Marc Ferguson

Published:

15/05/2024

Updated:

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Definition of “Public-Private Partnership (PPP)” :

A Public-Private Partnership (PPP) is a cooperative arrangement between government entities and private sector companies. It involves sharing of resources, risks, and rewards in projects such as infrastructure development, public service delivery, or technological advancements.

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