Hands up for Public-Private Partnerships!
<p><strong>What is Public-Private Partnerships?</strong></p>
<p>A cooperation between a government and private-sector company to finance, build and operate projects, such as public transportation, parks and convention centres.</p>
<p><strong>What are the benefits of this partnerships?</strong></p>
<p>1.It allows a project to be completed sooner or make it possible. Combining private know-how and technology with the government incentive to push a project to improve citizens’ life quality, a project should achieve its goals faster than it should be working alone.</p>
<p>2.It is a win-win situation. A government might be heavily indebted, but a private enterprise might be interested in funding the project’s construction in exchange for receiving the operating profits once the project is complete since most of the Public-Private Partnership projects involve mass consumption which could generate high return if successful.</p>
<p><a href="https://medium.com/urbes/hands-up-for-public-private-partnerships-2dec86b4c410"><strong>Read More</strong></a></p>