public facilities: The PPP model has been successful in Britain and Australia, and has become widely used in these countries, according to Global Times China. Developing countries are also trying to promote the PPP model. The PPP model is mainly used for public service projects, especially in rail transportation, public facilities, environmental protection, clean energy and healthcare for the elderly. Chinese authorities hope to attract more private capital and foreign capital to participate in PPP projects, which could help ease the pressure on local governments' finances. China growth was supported in the past by large amounts of government investment. The PPP model could also give foreign investors greater access to the domestic market.
(news.financializer.com). As
reported in the news.
Tagged under public facilities, PPP topics.