Public-Private Partnerships (PPPs) are essential for enabling investments in infrastructure and innovation in cities. This model allows the private sector to directly engage in public projects, ensuring financing, technical expertise, and execution efficiency.
In the mobility sector, for example, PPPs have been used to modernize public transport systems, with the implementation of electric vehicles, digital ticketing, and route monitoring apps. This improves user experience and reduces the environmental impacts caused by traditional transportation methods.
Another sector benefiting from this is public lighting, where private companies invest in LED technology and smart sensors to optimize energy consumption. This not only generates savings for public finances but also improves city safety.
Despite the advantages, it is crucial that PPP contracts are well-structured, ensuring transparency and balance between public and private interests. The governance of these projects must be efficient to ensure that the benefits are long-lasting and accessible to the population.
