PPP
PPP stands for Public-Private Partnership, which is a contractual arrangement between a public sector entity and a private sector entity. In the maritime context, PPPs are often used to finance and manage infrastructure projects such as ports, terminals, and other maritime facilities. The private sector partner typically provides the financing and expertise necessary to design, build, and operate the facility, while the public sector partner provides the necessary regulatory framework and oversight. PPPs can be an effective way to leverage private sector investment and expertise to improve the efficiency and effectiveness of maritime infrastructure, while also ensuring that the public sector retains control over key strategic assets.
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