Finance and Public-Private Partnerships

摘要: A PPP bundles investment and service provision of infrastructure into a single long-term contract. group private investors finances manages the construction project, then maintains operates facilities for long period usually 20 to 30 years, at end contract transfers assets government. During operation partner receives stream payments as compensation. These cover both initial (the so-called capital expense or capex) maintenance expenses opex). Depending on project type infrastructure, these revenues are derived from user fees (as in toll road), by government’s procuring authority case gaols).