Private Finance Initiative

The Private Finance Initiative specifies a method, developed initially by the United Kingdom government, to provides financial support for "Public-Private Partnerships" (PPPs) between the public and private sectors. This has now been adopted by parts of Canada, France, the Netherlands, Portugal, Ireland, Norway, Finland, Australia, Japan and Singapore (amongst others) as part of a wider reform program for the delivery of public services.

Related Topics:
United Kingdom - Government - Public-Private Partnership - Public - Private sector

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These projects aim to deliver all kinds of works for the public sector, together with the provision of associated operational services. In return, the private sector receives payment, linked to its performance in meeting agreed standards of provision.

Related Topics:
Works - Service

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