The concepts of funding and financing when developing projects through public private partnerships (PPP)

 

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Autor: Villalobos Carballo, Federico
Médium: artículo original
Stav:Versión publicada
Datum vydání:2025
Popis:The main objective of Public Private Partnerships (PPP) models is to generate efficiency gains throughout the project lifecycle. However, in a budget- constrained environment, PPPs are viewed as a tool for developing the projects which the government able to finance. That said, it is important to distinguish the concepts of project funding and projectfinancing.Funding refers to the sources of income to repay for the project investments during its life: taxes and tariffs. Financing refers to money invested. Broadly speaking, financing could take the form of public debt, private debt or private equity. Therefore, private money is not "free money" and funding will be needed to repay for it. Having a clear understanding of these elements is crucial within the decision-making process in public infrastructure development.
Země:Portal de Revistas UCR
Instituce:Universidad de Costa Rica
Repositorio:Portal de Revistas UCR
Jazyk:Español
OAI Identifier:oai:portal.revistas.ucr.ac.cr:article/3751
On-line přístup:https://revistas.ucr.ac.cr/index.php/rvial/article/view/3751
Klíčové slovo:Public Private Partnerships
PPP
financing
infrastructure
Participación Público-Privada
financiamiento
infraestructura