ABSTRACT
Regarding motivations to use Public Private Partnership (PPP) in Belgium, two major elements arise. The first element relates to financial-budgetary reasons. Public Private Partnership (PPP) was assumed to allow for spreading investment costs and reducing annual public investment expenses, keeping them off-balance-sheet in accordance with Employment Standards Administration (ESA) ninety five regulation. Due to this, it was assumed that public investment capacity could increase without direct consequences for the annual public budget or public debt. The second major motivation for PPP relates to the rather poor state of economic and social infrastructure in Belgium, particularly roads, schools, and sports facilities. The main focus of PPP research in Belgium has been on Flemish PPP. Next to the legal institutionalisation of PPP in Belgium people find evidence of an institutionalisation of particular governance structures and tools. Finally, people should broaden the research scope to PPP stages other than preparation and procurement.
