Public-Private Partnerships In Türkiye

I. What is PPP Model?

Although there is no single internationally accepted definition, when we aggregate the meanings attributed by practices and various international actors, Public-Private Partnerships (PPPs) can be defined as a method of project implementation, management and financing in which a public institution (public institution with general or special budget, central government or local administrations) partners with a private sector company (or consortium) to undertake a project developed for the public service. Compared to classical project management, the main characteristic element of this model is that the resources (financing) required for the realization of the project are provided entirely by the private sector organization (contractor, assigned company), and public financial sources are not used during the construction phase.