Public Private Partnerships (PPPs)
Can be used by governments to induce private sector companies to contribute to investment in the development of public services. For example, regeneration of run-down areas can involve government agencies in planning a variety of developments alongside private building projects. In return for planning permission or a share of the revenue, the government may persuade private sector firms to contribute new roads or other assets useful to the community. PPPs have also been used to fund school and hospital buildings and to develop public transport.