A Private Finance Initiative (PFI) is a way of funding public infrastructure projects with private capital, typically structured under long-term contracts between the public and private sectors.
A Public-Private Partnership (PPP) is a cooperative arrangement between one or more public and private sectors, typically of a long-term nature, designed to finance, build, and operate projects such as public transportation systems, parks, and social infrastructure.
An extensive guide on Public-Private Partnerships (PPP), focused on their utilization in the UK, benefits, drawbacks, and examples such as the private-finance initiative (PFI).
