ABSTRACT
This chapter introduces and reviews the public-private partnership (PPP) model of infrastructure procurement to set the tone for the discussion in subsequent chapters of the book. It discusses the main features as well as the appropriate reasons for a government to adopt the PPP model. Further, the chapter examines the advantages of PPP over the traditional public-procurement model. This chapter also reviews important PPP concepts, such as critical success factors (CSFs), project life cycle, value for money, bankability and greenfield and brownfield projects. The chapter aims to introduce the reader to PPP, to underline the gains and the various types of PPPs and to highlight the need to identify projects that may be successfully developed using the PPP model.
