Public-Private Partnership in the Implementation of Construction Projects—Development Prospects

Abstract

The implementation of construction projects within public-private partnership (PPP) has a number of benefits for both the partners. The paper presents three phases of PPP market maturity and briefly describes them. Examples of countries in the first and third phase illustrate the differences. Conditions in which the PPP formula operates in the two groups are emphasized, which could become a guideline for countries aiming at PPP development.