Nepal, Feb. 11 -- Every country's economic development and progress are based on its infrastructure development. Many developed nations have used Public-Private Partnerships (PPPs) as a model for funding, planning, and completing large-scale infrastructure projects in recent decades. The PPP model effectively addresses infrastructure deficiencies by combining resources from the public and private sectors. Nevertheless, despite the potential advantages, PPPs have not been used extensively in Nepal, especially in the infrastructure sector.

In the modern world, public-private partnerships, or PPPs, have emerged as one of the most significant models for infrastructure development. PPPs have proven successful over time in boosting economic gr...