___________ is a relationship between public and private entities in the context of infrastructure and other services
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government
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PPPs are an important tool for developing infrastructure and therefore fostering economic development. They are used with infrastructures like roads, airports, ports, power, water, and solid waste treatment and typically involve investment and operation and maintenance.
The benefits of these PPPs for the public sector include: A more cost-effective delivery, by transferring most construction cost and schedule risks to the private partner, who is best positioned to manage those risks and who can optimize design with life-cycle maintenance costs
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