The proportion of PPP projects in general public budget expenditures is as follows: It refers to a partnership between the government and private organizations based on a concession agreement in order to provide certain public goods and services.
Cooperation relationship, and clarify the rights and obligations of both parties by signing a contract to ensure the smooth completion of the cooperation project.
PPP projects are a marriage between the government and social capital.
In the PPP projects going abroad, our Chinese company, as social capital from outside the host country, ensures that we can enjoy a harmonious and stable marriage in the project cycle of the next few decades, and ensure a more proactive approach when a crisis occurs.
The status should be laid during the love period (in terms of legal, contract and investment structure design in the early stage of the project).
Extended information: PPP is the abbreviation of "Public-Private Partnership" in English, and the Chinese literal translation is "Public-Private Partnership". In short, it refers to a system in which the public sector provides public products or services through establishing partnerships with the private sector.
way.
Although the private sector has a long history of participating in the provision of public products or services, the term PPP only emerged in the past ten years. Before that, the terms widely used were Concession, BOT, PFI, etc.
PPP itself is a very broad concept. Coupled with differences in ideologies, it is very difficult for countries around the world to reach a complete understanding of the exact connotation of PPP.
German scholar Norbert Portz even believes that it is almost meaningless to try to summarize what PPP is or should be. It has no fixed definition, and it is also difficult to verify the origin of this ambiguous English word. The exact meaning of PPP depends on different cases.
to make sure.