In PPPs, only those facilities/services are transferred to the private partner which generally are hitherto provided by the Government as a sovereign function, to the people. For better understanding:
'Public Services' are those services that the State is obligated to provide to its citizens or where the State has traditionally provided the services to its citizens.
'Public Asset' is that asset the use of which is inextricably linked to the delivery of a Public Service, or, those assets that utilize or integrate sovereign assets to deliver Public Services."