Abstract
#Public-private partnership (PPP) is a business model that constructs
public assets or provides public services through the cooperation of
private investors and the government. Private investors depend on
management skills or fund support to participate in infrastructure
projects to gain economic benefits by undertaking various risks under
this business model. The private investors include the complete use
professional skills, resources, and experiences and effectively increase
the operational efficiency of projects. For example, commercial
entities or retail consumers can manage #microgrids to balance interests
of #stakeholders. In various developing countries, they have released a
bunch of policies to support the promotion of PPP model which is
beneficial to accelerate the construction and improve the management of
infrastructure projects. Several infrastructure projects have been
planned and completed through the PPP model to alleviate the #financial burden of government; this method is considered effective in various
developed and developing countries. Through the investment and
management of the private sector, the PPP model enables the early
availability of public products and services that is particularly
attractive in developing countries.
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Classification of Public Private Partnership Projects in Developing Countries by Bowen Tangab in BJSTR
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