Public-private partnership (PPP), in short, represents the cooperation of public authorities and the private sector. This type of cooperation is primarily realized and understood at the local and regional level in order to satisfy some public needs. Although there are certain differences within the various forms of PPP, the essential and most important goals are the same and common to all forms: the effort to minimize all, including total costs, through more rational and successful operations in all activities that are of general interest, to provide missing financial resources, especially in conditions of limited budget funding at all levels of government, to better protect consumers, i.e. users of products and services of public companies, whether they are natural or legal persons, and through the provision of the highest quality products and services and adequate criteria for determining prices, to attract foreign investors, all with the aim of providing incentives for the construction and maintenance of modern infrastructure. Also, the common goal of all forms of PPP is to reduce and share all types of risks, to realize alternative possibilities within the framework of the reform of public enterprises, etc.
Milojević-Samardžić et al. (Wed,) studied this question.
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