What does PPP project model mean?

It refers to a partnership between the government and private organizations based on a concession agreement to provide certain public goods and services, and by signing The contract clarifies the rights and obligations of both parties to ensure the smooth completion of the cooperation project.

The PPP project is a marriage between the government and social capital. In the PPP projects going abroad, our Chinese company, as social capital from outside the host country, ensures that we can enjoy a harmonious and stable marriage in the project cycle of the next few decades, and ensure a more proactive approach when a crisis occurs. The status should be laid during the love period (in terms of legal, contract and investment structure design in the early stage of the project).

Extended information:

PPP is the abbreviation of "Public-Private Partnership" in English. The literal translation in Chinese is "Public-Private Partnership". In short, it refers to the partnership between the public and private sectors through which A way for departments to form partnerships to provide public products or services.

Although the private sector has been involved in the provision of public products or services for a long time, the term PPP only appeared in the past ten years. Before that, the terms widely used were Concession, BOT, PFI, etc. PPP itself is a very broad concept. Coupled with differences in ideologies, it is very difficult for countries around the world to reach a complete understanding of the exact connotation of PPP.

German scholar Norbert Portz even believes that it is almost meaningless to try to summarize what PPP is or should be. It has no fixed definition, and it is also difficult to verify the origin of this ambiguous English word. PPP’s The exact meaning will be determined on a case-by-case basis.

Reference source Baidu Encyclopedia--PPP project