DVM 4140 : Private Enterprise and Development Mid.docx

• School: University of Ottawa
• Department: International Development and Globalization
• Course: DVM 4140
• Professor: Shinshi Shanawaz

Document Summary

Increased efficiency, expertise, and innovation from the private sector contribute to better infrastructure and greater cost and time saving across the construction and operation phases, increasing the value for money equation of a project: access to private sector financing allows increased investment in public infrastructure, and governments are able to implement projects without the need to raise or budget additional funds, as is the case in standard procurement, ppp"s provide the private sector with access to reduced risk, secure, long term investment opportunities that are underwritten by government contracts. Such agreements ensure private capital flows, provide investment opportunities, and stimulate local industry and job markets: history has frequently shown that ppps can improve urban living through collaborations hat combine innovative efforts from the private sector, forward thinking policies from governments, and supports from nonprofit organizations, encouraging new ways of doing things, information communication technology.