03/10/2022
Partnerships between the public and private sectors combine steadfast public incentives and regulations with private innovation and drive to turn a profit. Studies show that a PPP approach can reduce project lifecycle costs by 20% and reduce the project’s overrun costs by 60%.
Partnerships between the public sector and private companies offer the best of both worlds, straddling steadfast public incentives and regulations, and private innovation and drive to turn a profit. Public sector organizations are able to use the resources of private industry to reach their goals ...