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Is LIFT a public or private sector venture?

April 26, 2017lift private public sector venture

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Is LIFT a public or private sector venture?

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It is a joint venture, with shares held by both public and private sector. Typically, a LIFT company is 20 per cent owned by CHP, 20 per cent owned by the relevant public sector partners, with the remaining 60 per cent of shares owned by the private sector partner.