Public Private Partnerships (PPP) depend on strong collaboration, where the private and public sector work together and both harness their unique strengths to build better public infrastructure. The aim of a PPP, when it works well, is to deliver improved public infrastructure and better value for money. PPP disasters have caused concern within the public and private sector and electorate as to the validity or potential for PPP projects – especially when money is coming from the public purse to finance the deals. Models of PPP delivery are being refined and reformed both locally and internationally introducing more refined risk distribution and capital return guarantees which are more attractive to finance and provide security for governments.
The Public Private Partnerships (PPP) Summit aims to unravel why some public private partnerships work and others don’t, exploring the secrets of building infrastructure better together. It will outline the recipe for success that has been created by some projects that delivered on time and in budget. It will examine local and international visions for innovations in PPPs into the future – and outline the opportunities for the private sector at both a national and state level. It will promote a learning and sharing of experiences environment, examining the key threads in any PPP deal: finance, the bid process, project management, and the legal and risk management aspects throughout the duration of a project.
The summit will explore strategies for making public private partnerships work well including:
- Delivering well planned, built and managed public infrastructure which keeps up with the pace of growing public needs
- Making the best use of the resources and strengths of both the public and private sectors
- Building major public private partnership infrastructure projects on time and within budget
- Achieving better value for money for government than alternative models of procurement
- Ensuring lucrative rates of return and fostering strong relationships to promote long term sustainable public and private sector partnerships
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