Myths and Realities | P3A

Myths and Realities

  • Myth:

    A PPP is equal to a privatization.

  • Reality:

    Under the PPPs, the title of the property is always in the hands of the Government, or the People. A Public-Private Partnership is not privatization.

  • Myth:

    PPPs allow the private sector to charge more for essential public services.

  • Reality:

    Through a PPP, the Government, not the private sector, controls how much the public may be charged for the use of the infrastructure or service.

  • Myth:

    The private sector will increase its earnings by failing to keep these vital assets of the Government under its control.

  • Reality:

    The Government will maintain strict control over the infrastructure through a Partnership Agreement. If the established criteria are not met, the Government shall have the right to take back control of operations.

  • Myth:

    PPPs will cost the People money.

  • Reality:

    PPPs will bring money to the People. In PPPs, a non-government entity—for example, a private company or a cooperative—puts money down so that a project is undertaken, but the project rests with the Government and the People.

  • Myth:

    PPPs benefit powerful interests.

  • Reality:

    PPPs are open to the participation of private companies as well as non-profit organizations, unions or other workers, and municipalities, among others.

  • Myth:

    With PPPs, we are selling Puerto Rico.

  • Reality:

    With PPPs, we are promoting the development of projects that Puerto Rico needs in order to make progress and improve the quality of life in a time when the Government has no money to develop these projects. With PPPs, Puerto Rico is moving forward.