Public-private partnerships (PPPs) are a tool that help governments leverage the expertise and efficiency of the private sector, raise capital, and spur development. They also help allocate risk across the public and private sectors to where it can best be managed and ensure that resources are wisely distributed in addressing the most urgent development needs.
IFC's advice in PPPs is helping national and municipal governments in developing countries partner with the private sector to improve access to education, energy, transport, healthcare, and sanitation.
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The Impact of IFC Clients in PPPs:
- 171 CLOSED PPP PROJECTS SINCE 2004
- $46BILLION IN PRIVATE INVESTMENT FACILITATED SINCE 2004
- 153MILLION PEOPLE BENEFITED THROUGH BETTER ACCESS TO INFRASTRUCTURE & SERVICES SINCE 2004
- $7.76BILLION IN PRIVATE INVESTMENT FACILITATED IN FY22
- 3.16MILLION PEOPLE BENEFITED THROUGH BETTER ACCESS TO INFRASTRUCTURE & SERVICES IN FY22
PPPs are long-term contracts between a private company and a government agency for providing a public asset or service.
They include roads, ports, buildings, power generation, and water and healthcare services.