| Category: | Partnerships |
| Description: | Recent years have seen a marked increase in cooperation between the public and private sectors for the development and operation of environmental and transport infrastructure. In the European Member States this is a direct result of efforts to increase the quality and efficiency of public services, insufficient public sector financial resources to cover investment needs coupled with spending restrictions and a desire to access private sector efficiencies. A long experience of private participation in the road and water sector now exists and there is a growing acceptance that Public Private Partnerships (PPP) arrangements can be used as an additional and complementary others instrument to meet infrastructure and service needs in a wide range of sectors ranging from environmental services to health care provision or education. PPPs present a number of recognized advantages for the public sector to exploit. These include the ability to raise additional finance in an environment of budgetary restrictions, make the best use of private sector operational efficiencies to reduce cost and increase quality to the public and the ability to speed up infrastructure development.
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| Publisher: | Europäische Kommission |
| Document Type: | Eu-Dokument, pdf-Datei, 100 Seiten |
| Place of Publication: | Brüssel |
| Year of Publication: | 2003 |
| Attachments: |
