Mobilising private and public investment for recovery and long term structural change: developing public-private partnerships

- The Committee notes in particular that PPP projects must not be seen as a short-term financing solution but must be evaluated from a lifecycle perspective, from planning, conception and funding right up to implementation and operation, by taking into account the fact that the total cost of a project depends on the project's total duration, which can sometimes be up to 30 years.

- The Committee does not believe that public-private partnerships are suitable in every context; an assessment should be made for each individual project, each public service and each innovation as to whether entering a partnership with the private sector will give added value.

- The Committee thinks that it is too soon for the Commission to regulate on service concessions. If the Commission decides nonetheless that service concessions are to be covered by the Community's procurement directives, it is extremely important that these rules be as simple and flexible as possible. In that case they should be guided by the provisions of the directives on public works concessions and on no account by the provisions governing procurement of services.