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Answer - 1 (J)
Answer - 1 (J)
2. Innovation
The involvement of private sector in the design and construction process
resulting in a higher quality project.
3. Budget relief
This will depend on the strategy being used, private funding for projects
do not impact the public owner’s budget. Moreover, PPP projects are
privately financed and they provide budget certainty or security.
Furthermore, this reduces capital spending for the public or government
as payment are often deferred until the project is complete and goes into
operation.