Public Private Partnership in Austria. Update Analysis and Trends

Public Private Partnership (PPP) is a model of cooperation between government bodies and the private sector to construct and operate infrastructure facilities. PPP aims to tap the financial power as well as the expert competence and performance capacity of the private sector in order to cope with public responsibilities. The study looked into PPP projects run by federal, state and local governments and by spin-offs. Three out of four PPP projects concern the financing of a project; another major aspect is project operation. Most PPP projects are not based on a life-cycle approach so that it is not possible to optimise costs across the project's entire life cycle. As a result, saving options cannot be fully utilised.