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The use of PPP approach is characterized by unloading state and municipality budgets from big credit obligations, because implementation and financing of the projects is at least partly entrusted on the private sector. At the same time within PPP projects state and municipality supervision is maintained by setting “service standards” and including them in contracts among public authority and private entrepreneur. /Investment and Development Agency of Latvia/
Public and private business partnership is getting one of the most effective ways to secure new investment flow in infrastructure projects. /Newspaper "Dienas Bizness"/ |
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Vineta Čukste, Chairman of the Board: In the current economic crises, the best, if not the sole solution to revitalise national economy of Latvia are simple, effective and transparent public-private partnership (PPP) projects.
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Viesturs Tamužs, Member: |
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Juris Visockis, Member of the Board: |
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Ainārs Pauniņš, Member of the Board: |
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