A Public-Private Partnership (PPP) is a partnership between the public sector and the private sector for the purpose of delivering a project or a service traditionally provided by the public sector. The advantage of a PPP is that the management skills and financial acumen of private businesses could create better value for money for taxpayers when proper cooperative arrangements between the public and private sectors are used. PPP can increase the quality, the efficiency and the competitiveness of public services. It can supplement limited public sector capacities and raise additional finance in an environment of budgetary restrictions. The best use of private sector operational efficiencies can increase quality to the public and the ability to speed up infrastructure development.
In this talk series, Mr. Sanjay Ghag, with his extensive experience in structuring PPP projects, explained the basic framework of PPP and its advantages as also the challenges. Mr. Ajay Viz outlined the various PPP projects in Mauritius as also emerging opportunities in Africa including in the power sector as also the healthcare sector.
