Public-private partnership

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

Britain

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

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