LETTER: PPPs are a might-lose for SA taxpayers
Private-public partnerships are good for the parties involved when they work, and also when they don’t work
12 February 2021 - 16:00
Elena Ilkova’s opinion piece refers (“Project finance a win-win for government and investors (https://www.businesslive.co.za/bd/opinion/2021-02-09-project-finance-a-win-win-for-government-and-investors/)”, February 9).
As an option for the financing of (more) public infrastructure, the author suggests project finance. What she does not explain is that such joint projects between government and private investors are structured as private-public partnerships (PPPs), which means the state remains the ultimate owner of the infrastructure. ..
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