what are the importance of public private partnership
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A public-private partnership recognizes that both the public and the private partnership sectors have certain advantages relative to the other in the performance of specific tasks by allowing each sector to do what it does best, public services efficient manner.
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Public-private partnerships can help; they can provide more efficient procurement, focus on consumer satisfaction and life cycle maintenance, and provide new sources of investment.” At the same time, PPPs typically cost more that straightforward public procurement: they only attract investors if the public pays both ...May 16, 2017
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