Legal Literacy - Public Private Partnership (PPP) is usually used as a means for a country's government to meet the needs of the community by building the infrastructure needed by the community. The government will cooperate with the private sector to build infrastructure, which can later be useful for the needs of the community. In general, the private sector will provide capital, technology and skills. Meanwhile, the government usually plays a role in providing supporting infrastructure and labor needed in development projects.

Definition Public Private Partnership

PPP, also known as public-private partnership, is a plan to provide infrastructure development funding by the government involving the private sector. The relationship between the government and the private sector is based on an agreement, which determines in detail the rights and obligations of each party.

This PPP scheme is often used in infrastructure development projects in developing countries, global project financing by the World Bank or intra-governmental institutions. The main benefit that can be obtained through this collaboration is that the government remains the holder of strategic supervision of project development, and will later fully control the assets of the project at the end of the contract. In addition, development projects set by the government can be carried out using private capital.