What is the Role of Public Private Partnerships?
Public Private Partnerships Public Private Partnerships (PPPs) are partnerships between public sector organisations and private sector investors and businesses for the purposes of designing, planning, financing, constructing and/or operating infrastructure projects, particularly projects which are normally provided through traditional procurement mechanisms by the State or other government bodies. PPPs are an important element within the overall investment planned under the NDP, particularly under the Economic & social infrastructure Operational Programme. The private sector already works in fairly close partnership with the public sector in relation to the provision of economic infrastructure in Ireland. The PPP approach has been adopted on a case by case basis to meet specific requirements, such as Government Office’s decentralisation programme, and the toll bridges in Dublin. A minimum target of EUR 2.35 billion of PPP funding has been set down in the NDP.
