A Joint-Venture is a business agreement in
which parties agree to develop or create, for a limited time, a new entity and
They exercise control over the company and
consequently share revenues, expenses, assets, efforts and
This temporary partnership can be:
It aims at achieving an attractive return on the
invested capital after the resale of the shares.
Financing method by which a State or
a public authority relies on private contractors to finance, build and
manage works and equipment providing or contributing to public
The private partner receives a payment in return from
the public partner and / or the service users it manages.
The partnership agreement aims to improve the
performance of public and private sectors to achieve or manage projects under a
timely manner and the best conditions.