Public–private partnership: Difference between revisions
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def. Public private partnership |
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'''Public-private partnership''' is a variation of [[privatization]] in which elements of a service previously run solely by the public sector are provided through a partnership between the government and one or more private sector companies. Unlike a full privatization scheme, in which the new venture is expected to function like any other private business, the government continues to participate in some way. These schemes are sometimes referred to for short as PPP or P3. |
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== Some examples: == |
== Some examples: == |
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=== Canada === |
=== Canada === |
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* The 407 ETR [[ toll road ]] in Toronto Ontario |
* The 407 ETR [[ toll road ]] in Toronto Ontario |
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* The Royal Ottawa Hospital in Ottawa Ontario |
* The Royal Ottawa Hospital in Ottawa Ontario |
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Revision as of 21:34, 21 January 2004
Public-private partnership is a variation of privatization in which elements of a service previously run solely by the public sector are provided through a partnership between the government and one or more private sector companies. Unlike a full privatization scheme, in which the new venture is expected to function like any other private business, the government continues to participate in some way. These schemes are sometimes referred to for short as PPP or P3.
Some examples:
Canada
- The 407 ETR toll road in Toronto Ontario
- The Royal Ottawa Hospital in Ottawa Ontario