1.3.3 PPP offers more business opportunities to the private sector. The private sector will be engaged to deliver a full suite of services (e.g. design, construction, operations and maintenance) which were traditionally performed in-house by public agencies or performed by multiple private companies.
1.3.4 PPP also allows the private sector to move from just constructing assets according to clearly specified designs, to designing and delivering innovative solutions. The private sector has more room to innovate and offer efficient solutions for public services. In addition, the private sector can also use its expertise and network to maximise asset utilisation and the commercial potential of the project.
1.3.5 The involvement of private sector players in PPP projects may also give companies valuable expertise and experience to spur their development in the PPP arena and position them to win overseas contracts.