Public-Private Partnerships

Introduction

Over the last decade or so, private-sector financing through public–private partnerships (PPPs) has become increasingly popular as a way of procuring and maintaining public-sector infrastructure, in sectors such as transportation (roads, bridges, tunnels, railways, ports, airports), social infrastructure (hospitals, schools, prisons, social housing), public utilities (water supply, waste water treatment, waste disposal), government offices and other accommodation, and other specialised services (such as communications networks or defence equipment).

This book reviews the general policy issues which arise for the public sector in considering whether to adopt the PPP procurement route, and the specific application of this policy approach ...