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Review ArticleOpen Access

Classification of Public Private Partnership Projects in Developing Countries

Volume 9 - Issue 5

Bowen Tangab*

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    • 1 The School of Electrical Engineering, Wuhan University, Wuhan, China
    • 2 Lawrence Berkeley National Laboratory, CA, USA

    *Corresponding author: Bowen Tang, The School of Electrical Engineering, Wuhan University, Wuhan, China, Lawrence Berkeley National Laboratory, CA, USA

Received:September 28, 2018;   Published: October 10, 2018

DOI: 10.26717/BJSTR.2018.09.001865

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Abstract

Public-private partnership (PPP) is a business model that constructs public assets or provides public services through the cooperation of private investors and the government. Private investors depend on management skills or fund support to participate in infrastructure projects to gain economic benefits by undertaking various risks under this business model. The private investors include the complete use professional skills, resources, and experiences and effectively increase the operational efficiency of projects. For example, commercial entities or retail consumers can manage microgrids to balance interests of stakeholders.

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