Thu Feb 27 CET (almost 2 years ago)
In your timezone (EST): Thu Feb 27 9:30am - Thu Feb 27 2:00pm
Arup and Solvere Infraestructuras are co-hosting a half-day workshop in Madrid, to introduce the basic concepts of public-private partnerships.
Public-private partnerships (PPPs or P3s) are complex, long-term contractual ventures between the government and private firms to deliver infrastructure and public services. They involve different layers of government organisations, financial institutions, contractors, investors, suppliers, users and other stakeholders.
There is no single definition of a PPP, but there are a number of elements that differentiate them from other forms of infrastructure procurement, as well as certain principles that determine a successful delivery to a great extent. The key drivers of PPPs are the roles, interests and relationships between the parties involved at each stage of the venture.
As part of this workshop, they will introduce the key elements of PPPs, the reasons why they are used, the key players involved and the challenges they face throughout their life cycle, from conception through construction, to operation and finalisation. The session is aimed at young professionals or anyone in the sector who is unfamiliar with but curious about infrastructure PPPs.