What's a public–private partnership (PPP, 3P or P3)?

Kuwait AirportA public–private partnership (PPP, 3P or P3) is a cooperative arrangement between two or more public and private sectors, typically of a long-term nature. Common themes of PPPs are the sharing of risk and the development of innovative, long-term relationships between the public and private sectors. PPPs often involve a contract between a public sector authority and a private party, in which the private party provides a public service or project and assumes substantial financial, technical and operational risk in the project.

This kind of partnership has been successfully used in many large infrastructure projects, including airports. At Air Alliance we can advise and support the successful setup of PPP leveraging on our solid knowledge of the Air Transport business, from legal, financial, commercial technical and operational perspectives.