PPP Initiative Ltd. (PPPI) facilitates innovation and education among major participants in healthcare public-private partnerships (PPP) relevant to Asia. Participants include governments, leading research universities, multilateral institutions and multinational corporations. PPPI has expertise in complicated healthcare issues. As an independent entity, PPPI has the ability to serve as an intermediary between the public and private sectors. Our work is informed by world class research, teaching, and skills development.
A public-private partnership is a collaborative organizational structure supported by public, private or non-profit partners who agree to share risks, resources, and decisions in developing and implementing certain projects. In a time of limited resources and growing challenges, governments, along with private, non-profit, and multilateral sectors need to do more with less and at lower risk.
PPPs can increase country competitiveness by leveraging the resources of a pool of stakeholders, including multilaterals and the non-profit sector. PPPs are a flexible, multi-sector and multi-dimensional way of addressing complex public-policy and development challenges in an increasingly integrated global context.
An Economic PPP is commonly associated with publicly controlled assets or services that produce growing and reliable cash flows such as toll roads, utilities, and sewage treatment plants. At an appropriate and acceptable price per unit, these PPPs allow for an adequate return for investors and re-investment in the public assets.
A Social PPP is commonly associated with public services that require government subsidies such as healthcare and water. In these examples, the poor may be regular users but cannot afford to pay a market price for a service without government support. Social PPPs are risky for investors, especially if government support may waver based on politics. In order to achieve hybrid goals of social motivation and financial sustainability, they have different incentives and risks associated with them than Economic PPPs. They require greater skill sets, strong creativity, and a flexible organizational model.