A service concession typically involves a public sector entity (‘the grantor’) entering a contract with a private sector entity (‘the operator’) for the provision of a service that provides the public access to crucial economic and social facilities and infrastructure.
In many countries, infrastructure for public services such as roads, bridges, tunnels, prisons, public hospitals, airports, water distribution facilities, energy supply and telecommunication networks are developed, financed, operated, and maintained through public-private partnerships (PPPs).
