4  Overview of Concessions

This chapter provides an overview of the PPP projects by describing the structure, the parties and the sources of finance of a typical PPP project. Admittedly, a PPP project rarely fits the description in this overview exactly. In particular, the structure would look quite different if there is no separately incorporated project company, or if it does not involve private sector financing. Nevertheless, understanding this basic structure is a good introduction to understanding PPP projects.

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