Governments Unlock Private Sector Funds to Revolutionize Public Infrastructure and Services
The article looks at Public Private Partnerships (PPPs) and how governments use them to get services more efficiently by involving private companies. They aim to save money and improve services by letting private companies handle projects instead of governments owning and managing everything. The goal is to use private sector skills, money, and new ideas to build high-quality public infrastructure. By working with private partners, governments hope to get better project management and designs that last longer and cost less to maintain. The study focuses on figuring out why some PPP projects fail and what factors are critical for success.