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ARTICLE · 04 APRIL 2016

Partnership Of Success: Public Private Partnerships

Kasaroglu Law Office
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It can be said that, at the beginning, PPP models have been created for the projects which needed high financial resources in different sectors like telecommunication, water systems, transportation, energy and medical care.

TurkeyGovernment, Public Sector
Hikmet Kasaroğlu
Hikmet Kasaroğlu
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In recent years, one of the most popular topics in the business world is "Public Private Partnership" ("PPP") which is a method to establish a partnership between a public entity and a private company for the realization of some sizeable investments and the provision of the related services whereby the construction and performance risks are allocated to the private entity.

It can be said that, at the beginning, PPP models have been created for the projects which needed high financial resources in different sectors like telecommunication, water systems, transportation, energy and medical care. However, today, as a result of the new government policies, it is preferred to realize infrastructure projects mostly with PPP models, not only for the need of high financial resources but also for achieving and maintaining high quality and faster realization in these investments.

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