What does PPP stand for?

PPP (= Public-Private Partnership) refers to a long-term, contractually regulated cooperation between the public and private sector for the efficient fulfillment of public tasks in combining the necessary resources (e.g. know-how, operational funds, capital, personnel) of the partners and distribution existing project risks appropriately according to the risk management competence of the project partners which is carried out by using the conditions laid down by the law.

There is a great variety of definitions for PPP available worldwide. The contents and objectives may vary according to the country specific background and the specific interests of the individual author.

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