Public-private partnership
A public-private partnership is a collaboration model that combines the resources and interests of the public and private sectors to implement projects of general significance. The essence of PPP lies in the equitable allocation of responsibilities, risks, and benefits, thereby ensuring the long-term sustainability and efficiency of projects.
The synergy between the public and private sectors promotes innovation—not only in technology but also in methodologies, management, and financing—thereby creating projects that enhance infrastructure, energy efficiency, and communal and public services, delivering greater value to the community. Within this framework, the public sector provides the legal and institutional framework, strategic objectives, and guarantees the public interest, while the private sector contributes capital, innovations, technologies, as well as expertise in maintenance and management.
PPP is founded on an output-based approach that emphasizes clearly defined needs and anticipated outcomes. The private partner is accountable for achieving these outcomes not only efficiently but also in compliance with relevant standards, laws, and regulations. Thus, the focus is shifted from means and technologies to measurable performance and long-term sustainable results.
The objective of such synergy-based projects is not only their preparation and implementation but also the creation of a framework in which each party can realize its full potential. The public sector functions as a natural incubator of new solutions by shaping the environment and defining needs, while the private sector serves as a benchmark of their feasibility, demonstrating their value and functionality through implementation. Through this synergy, projects are developed that are clearly structured, long-term predictable, focused on achieving precisely defined KPIs, and subject to continuous measurement and evaluation of outcomes.