Public Private Partnership

PPP

Public – Private Partnership (PPP), which is a new generation investment and service model, ensures an effective distribution of risks between the public bodies and private investors, and is frequently used by EU members and developing countries for financing investments in public service areas such as health, transport, justice and defence.

The most important feature of PPP, which differentiates this model from other finance models developed for the provision of public services by private entities, is the fact that, PPP is composed of wide scope contractual relations, where the risks related to the provision of services are distributed between public and private entities. In this respect, the administration decreases public expenditures by signing an agreement with the owner of the most advantageous offer in terms of the accomplishment of the investment and the provision of the services, and the private investor ensures the return of its investment via concessions.

ACTECON has been a member of the consortium which provided consultancy services for the benefit of the Ministry of Health in the first PPP investment in Turkey, Kayseri Integrated Health Campus. At the end of the long-term consultancy services, the modern PPP system used by developed economies of the world has been updated according to local needs and features of Turkish system and a PPP structure, which will be taken as a model for future PPP investments, has been developed. ACTECON’s PPP experience, which is based on its know-how and experience in the domain of regulations, enables ACTECON to develop the most appropriate contract model based on the needs of the administration, to develop the mechanisms which ensures the return of investment for the private parties and to orient the investors to the best investment model.