Why is Public-Private Partnership advantageous?

Public-Private Partnership Center of the Philippines states that the partnerships address the budget concerns in developing infrastructures and facilities, and it improves the quality of services for public use which focuses on reducing risk allocation, reduced costs, and faster implementation. Private sectors have access to more modern technologies that are essential in building cost-efficient and quality infrastructure. In addition, Private-Public Partnership encourages participation of the private sector. In regards to the Structural Functionalism Theory in Sociology, when different sectors of the society help each other, society is more likely to develop. When private sectors are encouraged to invest in public infrastructure, then Filipinos can benefit from quality service by the government. Governments can now allot the national budget to more urgent matters since private sectors are now in the picture, helping improve the country. Private sectors are more efficient in handling crisis situations therefore, the government is not alone in risk reduction operations. Lastly, according to the website of the Public-Private Partnership Center of the Philippines, partnerships can create more innovative solutions in improving public service.

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