Public-private partnership

From open-encyclopedia.com - the free encyclopedia.

Public-private partnership (PPP) 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

International

• The WHO is financed as a Public-Private Partnership.
• The Global Alliance for Vaccines and Immunization is financed per 75% (750 Mio.US$) by the Bill and Melinda Gates Foundation

Britain

• Portions of the London Underground (see also Metropolitan Line, Bob Kiley)
• Some National Health hospitals
• Private Finance Initiative

Canada

• The 407 ETR toll road in Toronto, Ontario
• The Royal Ottawa Hospital in Ottawa, Ontario
• The William Osler Hospital in Brampton, Ontario

United States

• Central Park, New York City

External links

• BBC News article http://news.bbc.co.uk/1/hi/uk/1518523.stm
• Industry Canada Website http://strategis.ic.gc.ca/epic/internet/inpupr-bdpr.nsf/vwGeneratedInterE/Home

nl:Publiek-Private Samenwerking