Economics · Economy
What is the primary conceptual justification for governments to adopt Public-Private Partnerships (PPPs) in infrastructure development rather than relying solely on traditional public procurement?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To completely transfer all commercial profits to the private sector.
- 2To leverage private sector efficiency, innovation, and risk-sharing to optimize project lifecycles.✓
- 3To overcome the complete absence of any public sector workforce.
- 4To permanently privatize and liquidate all strategic national assets.
Correct answer
To leverage private sector efficiency, innovation, and risk-sharing to optimize project lifecycles.
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