Examples of PPP Act in a sentence
The Company is an infrastructure investment and financing company which was established in accordance with the PPP Act in December 2002 and operates the collective investment assets (holding assets) through investments in companies engaged in the infrastructure businesses according to the PPP Act and aims to distribute the generated profit to its shareholders.
The PPP Act establishes the legal and institutional framework for the concrete implementation of PPP projects.
The primary strategic objective of the Company is to generate profits for its shareholders through maximization of shareholder value and cash distribution, achieved by investing in project companies engaged in infrastructure businesses in Korea as defined under the PPP Act.
The PPP Act provides for the establishment of the Public Private Partnerships Committee, the Public Private Partnerships Unit and the Project Development Facilitation Fund.
The PPP Act also sets out the procedure for the implementation of PPP projects across all steps of the project cycle from inception to the end date of the PPP agreement.