What are the best practices in public-private partnerships?
Best practices in public-private partnerships (PPPs) include clear communication, stakeholder engagement, and risk sharing.
Can you elaborate on stakeholder engagement?
Stakeholder engagement involves identifying all parties affected by the PPP and ensuring their input is considered throughout the project.
What role does risk sharing play in these partnerships?
Risk sharing is crucial as it helps distribute potential risks between public and private entities, fostering collaboration and trust.
Are there any examples of successful PPPs?
Yes, successful examples include the London Underground and the Sydney Harbour Tunnel, which effectively utilized PPP frameworks.
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