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What are public-private partnerships?
Construction
The first projects based on private-public partnerships (private partnership projects) were carried out in England in the early 1990s, when a special law was passed that allowed investors to build infrastructural facilities with joint financing from the State. Since then, similar laws have come into effect in 40 countries around the world, and public-private partnerships are now used not only to build roads, bridges, tunnels and power generation facilities, but also hospitals, schools and even prisons when national or local governments are unable to build using only their own resources.
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Investing in Global Infrastructure 2007
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