Overpriced and underwritten: The hidden costs of public-private partnerships

Overpriced and underwritten - the hidden costs of public-private partnerships

Overpriced and underwritten - the hidden costs of public-private partnerships

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Overpriced and underwritten: The hidden costs of public-private partnerships

Public-private partnerships (PPPs) are being promoted in various countries as a solution to finance infrastructure projects with limited public budgets. Despite a multitude of problems with PPPs in Europe, some politicians, bankers and industry representatives still hail PPPs as if they were a silver bullet.

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The problems with PPPs

Public-private partnerships don’t live up to their promises. While their advantages are being exaggerated, they have often put burdens on public budgets and service users.

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The PPPs that went wrong

Cases from all over Europe expose the true costs of public-private partnerships. Whether it is roads, hospital buildings or water facilities, it’s often tax payers who have to foot the overpriced bill.

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News and updates on PPPs

Stay updated on the hidden costs of public-private partnerships. Read our blog posts, publications, press releases, and more.

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Updates on PPPs

Six arrested in suspected corruption around EBRD-financed Zagreb wastewater PPP

The Zagreb wastewater plant public-private partnership (PPP), financed by the European Bank for Reconstruction and Development (EBRD), has for years been highlighted by Bankwatch and its member group Zelena akcija/Friends of the Earth Croatia as a harmful project allowing the private sector enormous profits at the expense of the City of Zagreb and the public.

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United Nations report highlights risks and failures of public-private partnerships

A United Nations study finds that public-private partnerships involve substantial risks for the public sector and have often failed to yield ‘value for money’.

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How to improve disclosure in World Bank public-private partnership projects?

The World Bank is currently inviting comments for its consultation on disclosure in public-private partnership projects. Deadline for inputs 29th February 2016.

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