The end of 2010 saw the introduction of a new law to regulate public-private partnerships (PPP) in Romania.
PPP has been seen as an alternative means of financing public projects, especially in areas such as transport and public utilities, at a time when the authorities were facing a shortfall in public funding, and the lack of necessary skills and commitment formed serious obstacles to accessing EU money.
A PPP model should offer a suitable alternative not only to the traditional framework of public financing, but also to the public management of projects and, in particular, of project-related risks.


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