Question

List any three merits of Public Private Partnership

Answer 1

Answer:

Ensure the necessary investments into public sector and more effective public resources management;

Ensure higher quality and timely provision of public services;

Mostly investment projects are implemented in due terms and do not impose unforeseen public sectors extra expenditures;

A private entity is granted the opportunity to obtain a long-term remuneration;

Private sector expertise and experience are utilized in PPP projects implementation;

Appropriate PPP project risks allocation enables to reduce the risk management expenditures