Public investments in Austria, Australia and New Zeland

Public investments in Austria, Australia and New Zeland Private and Public Partnership Nov 15, 2018 in Coursework About a Private and Public Partnership A private and public partnership (PPP) is a private business or a government project which is financed and managed by a partnership of one or more private entities and the government. PPP incorporates a private entity and a public entity authority in which private entity offers projects or services to the public and presumes substantial financial, operational, and technical risks of the project. In other different types of PPP, the expenses of partaking the project is exclusively borne by the users of the service and not the general public. However, in other types, the capital investment expenses are met by the private entities on the contract basis with the government to offer accepted services and the expenses of offering the service are partially or wholly borne by the government. The contributions of the government to the PPP are mostly made in form of transfer of existing assets. However, for projects that are focused on developing public goods such as the sector of infrastructu re, the government may offer a capital contribution in form of an instant grant with the aim of making the project to be much attractive to the private entrepreneurs (Barlow, Roehrich, and Wright, 2010). In some other cases, though rare, the government can uphold the project through offering subsidies on revenue such as tax breaks or through elimination of the guaranteed annual revenues for a specified period of time.