The essay will review the advantages and disadvantages of public-private partnerships. Public-private partnerships are generally known as partnerships between the public sector and the private sector. These partnerships are created for the purposes of designing, planning, financing, constructing and operating projects by the private sector. There are many reasons why the tasks are given to private sectors and not done within the public sector. Infrastructural projects such as roads and bridges are prime examples. Although this is the definition of public-private partnerships there are many key features of the infrastructure itself. This could be a private partner investing in public infrastructure. It could also be the government and private party working together und a long-term contract/arrangements whereby payment to private sector depends entirely on its performance. The remainder of the essay will refer public-private partnerships as PPP's.

Role and Responsibility of Government

When PPP's are formed it...