Definition : PPMI

PPMI stands for ‘Public-Private Partnership for Mutual Interest’. It is a collaborative effort between the public and private sectors to achieve a common goal that benefits both parties. This type of partnership involves sharing resources, expertise, and risks to create innovative solutions and drive economic growth. PPMI is often used in the context of infrastructure development, where the government and private companies work together to fund and manage large-scale projects. It is a strategic alliance that promotes efficiency, sustainability, and inclusivity in the development of public services and facilities. PPMI is a powerful tool for fostering cooperation and driving progress, making it a key concept in modern governance and business practices.

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