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Business Studies

Partnership

what is the e...

Question

what is the enterprise called in which project or services is financed and operated through partnership of government and private enterprises.

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Solution

Dear student,

Such a partnership between government and private enterprises.is called PPP or Public Private Partnership.

Public Private Undertaking or Public Private Partnership is business venture which is funded and operated by government and one or more private companies. In a PPP, the government contribution can be in form of kind or a one time grant.

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