Abstract

Public Private Partnership (PPP) is some kinds of synergy between public and private sectors It has defined and initiated new way of procuring projects in many countries in recent times. This research paper has analyses the needs of such cooperation between the two sectors. It was felt that in some cases the public sector field to achieve that kinds of target Though PPP have gained popularity, developing PPP programme is not easy. Significant political, fiscal and institutional hurdles must be overcome to move from traditional procurement to public-private sector collaboration. Governments are also deregulating many industries and allowing the private sector to compete with public agencies and state Companies. They are “corporatizing” state-owned Companies (SOEs) that are not privatized requiring them to compete with private firms and to cover their costs and manage their operations more efficiently. They are allowing or encouraging businesses, community groups, cooperatives, private voluntary associations, small Companies, and other non-governmental organizations (NGOs) to offer social services. In some countries they use PPPs as an intermediate phase in the process of privatizing SOEs or as an alternative to full-scale privatization.