Public Private Partnerships (P3s)
Under P3 arrangements, the private sector plays a key role in financing, designing, building, operating, or even owning facilities or infrastructure that are otherwise designed to be public services. When private companies take over a public project, the focus shifts away from the public interest and meeting community needs, to ensuring a profit for the companies’ shareholders. P3 projects typically cost more, deliver less, and compromise public control and accountability over critical infrastructure services.