Public–private partnership
A public–private partnership is a long-term arrangement between a government and private sector institutions. Typically, it involves private capital financing government projects and services up-front, and then drawing revenues from taxpayers and/or users for profit over the course of the PPP contract. Public–private partnerships have been implemented in multiple countries and are primarily used for infrastructure projects. Although they are not compulsory, PPPs have been employed for building, equipping, operating and maintaining schools, hospitals, transport systems, and water and sewerage systems.
Gavin Newsom hosts a meeting for employers about public-private partnerships. (13 November 2019)
Protest in France against encroaching privatization and the introduction of profit-seeking practices in the public sector. (22 March 2018)
Second Toll Gate on Yonge Street in 1886
During his first term in office, Tony Blair made public-private partnerships the norm for government procurement projects in the United Kingdom.
Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and private physical structures such as roads, railways, bridges, tunnels, water supply, sewers, electrical grids, and telecommunications. In general, infrastructure has been defined as "the physical components of interrelated systems providing commodities and services essential to enable, sustain, or enhance societal living conditions" and maintain the surrounding environment.
San Francisco Ferry Building, The Embarcadero, and the Bay Bridge at night, all examples of infrastructure
Lehigh Valley Hospital–Cedar Crest in Allentown, Pennsylvania
An Autobahn in Lehrte, near Hanover, Germany