Understanding the Concept of Public Private Partnership Chapter Outline • Concept of PPP • History of PPP • Applicability and Non-applicability of PPP • Sector Coverage • Key successful PPP project in Bangladesh What is Public-Private Partnership (PPP)? A Public-Private Partnership (PPP) is a cooperative arrangement between public sector entities (government) and private sector companies to finance, build, and operate projects such as infrastructure, public services, or utilities. The goal is to combine the strengths of both sectors to deliver public services more efficiently. Public Partners : These are usually government or state-owned entities, such as: • Government ministries or departments • Local or municipal authorities • Public sector corporations • Regulatory agencies Private Partners: These are private companies or investors, such as: • Construction firms • Investment banks or financial institutions • Service providers (e...
