Examples of Successful PPPS

Examples of Successful PPPS

INTRODUCTION

Public private partnerships (PPPs) are a key driver of economic growth. By bringing togetherthestrengthsofthepublicandprivatesectors,PPPscreateopportunitiesfor innovation, improve service delivery and promote inclusive growth. United Bridge Partners is a private bridge infrastructure company that offers bridgeinfrastructurecapital to help the local government in solving infrastructure crisisacrosstheUnitedStates.

EXAMPLE 01

In Chile, a PPP between the government and the private sector has led to the development of an innovative new system for delivering social services. The system, known as 'Chile Solidario', provides cash transfers to poor families and offers them access to a range of services including health care, education and training. As a result of this PPP, poverty levels in Chile have beenhalvedoverthepastdecade.

EXAMPLE 02

In India, a PPP between the government and the private sector has resulted in the establishment of 'National Skill Development Missions'. These missions are designed to provide skills training to millions of young people across India, helping them to find employment and contributing to economic growth. So far, over 15 million people have benefited from thisPPPinitiative.

CONCLUSION

These are just two examples of how PPPs can make a real difference in promoting economic growth. By bringing together the best of both the public and private sectors, PPPs offer a unique way to deliver improved services and drive inclusivegrowth.