Models of Privatization and Public-Private Partnerships
Japan
1999 Act on Promotion of Private Finance
Initiative (PFI)
(Definition)
Article 2
(1) The term "Public Facility etc." as used in this Act means the following facilities
(including equipments):
(i) Public facility such as roads, railways, ports and harbors, airports, rivers, parks,
water services, sewage systems, and industrial water supplies;
(ii) Official facilities such as government buildings and accommodation;
(iii) Public interest facilities such as public housing, educational and cultural
facilities, waste treatment facilities, medical facilities, social welfare facilities,
offender rehabilitation facilities, parking, and underground malls;
1 Literal translation of this act is "The Act on Promotion of Provision etc. of Public Facility etc.
through Utilization of Private Finance etc." We use the term "PFI (Private Finance Initiative)"
because this act is widely known as "PFI Act" in Japan.
• Public private
.
partnerships for
"offender
rehabilitation
facilities" - not
prisons
• 50 localities
wanted one,
built 4View entire presentation