PPP here is a way of paying for big public things — roads, trains, hospitals, schools — where the government does not put in all the money. Private companies put money in too, and they often build or run the project for many years.

PPP here這裡講的PPP is a way of paying for big public things是一種支付大型公共建設費用的方式 — roads, trains, hospitals, schools像道路、鐵路、醫院、學校 — where the government does not put in all the money政府不會出全部的錢。Private companies put money in too民間公司也會出錢, and they often build or run the project for many years通常還會負責興建或經營這個計畫很多年。

The public side wants the hospital or the road to exist for everyone; the private side wants to earn its money back.

The public side wants the hospital or the road to exist for everyone公部門希望醫院或道路是為了所有人存在; the private side wants to earn its money back民間則希望能把投入的錢賺回來。

Though actually, people argue a lot about whether this is a good deal. It can get a building up faster, but the public may pay more over the long run, and it is not always clear who is in charge when something goes wrong.

Though actually不過其實, people argue a lot about whether this is a good deal大家對這樣算不算划算爭論不休。It can get a building up faster這樣做可以讓建設蓋得比較快, but the public may pay more over the long run但長期下來公部門可能要付更多錢, and it is not always clear who is in charge when something goes wrong而且出問題時該由誰負責也常常不清楚。

You will meet it in news about infrastructure and in government papers. It is a formal, technical label, not kitchen talk.

You will meet it in news about infrastructure and in government papers你會在基礎建設新聞和政府文件裡看到這個詞。It is a formal, technical label這是一個正式、專業的用詞, not kitchen talk不是日常閒聊會用的話。

And the same three letters are used for other things: in economics class, PPP often means purchasing power parity, a way of comparing money across countries. This entry is only the building-and-funding system.

And the same three letters are used for other things而這三個字母也被用來指別的東西: in economics class, PPP often means purchasing power parity在經濟學課堂上,PPP常指purchasing power parity(購買力平價), a way of comparing money across countries一種比較各國貨幣實際購買力的方法。This entry is only the building-and-funding system這個詞條只講建設與融資這個意思。