Municipalities and Public-Private Partnerships
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Abstract
Public-private partnerships (PPPs) are an important funding option by local governments to build or renew infrastructure assets. For municipalities a PPP contract is an opportunity to access new financial sources and skills, to share risk and to obtain private investments in public infrastructures. This paper provides an overview of PPPs between municipalities and private partners. It illustrates how PPPs have been used by Italian municipalities from 2002, divided by region, demographic size, sector of intervention and financial size.
Keywords
- Public Private Partnerships
- Investments
- Municipalities