Public-private partnerships (PPPs) address
the World Bank Group’s twin goals – eliminating extreme poverty and boosting
shared prosperity – by enhancing the reach and quality of the delivery of basic
services including infrastructure.
When designed well and implemented in
a balanced regulatory environment, PPPs can bring greater efficiency and
sustainability to the provision of such public services as water and
sanitation, energy, transport, telecommunications, health care and
education. PPPs also allow for better allocation of risk between public and
private entities, taking into account their capacity to manage those risks.