WRINTING/SCHOOLING

The Featureｓ of PFI in UK

　　　　　　Today, I’m writing about basic philosophy and structure features of PFI in UK.

              In the first place, PFI is an abbreviation of Private Finance Initiative. PFI is a style spending private money on developing public services and facilities. The purpose of PFI is to spend not only public money but also private money on public service and facilities to develop economic. PFI was born in UK in 1992. Japan adopted PFI in July, 1999.

Next, the basic philosophy features of PFI in UK has 2 points. First, shifting the risk from government to private sectors. Before PFI was born, only government developed public services. But now, both government and private sectors has the risk to develop public services. Second, setting high value on purchasing of service. The purpose of PFI is to develop economic. So, acquisition of property and equipment is not important.

Finally, structure features of PFI in UK has 3 types. First, the private sectors develop social facilities to operate. It’s called self-standing type. Second, the private sectors and government work together to develop social facilities. It’s called service delivery type. These 2 types provide us such as a motor way, a canal, a railway, waterworks, and so on. Third, the private sectors operate public services. It’s called joint venture type. This type operates public services for example, a hospital, a museum, a school lunch, and a garbage disposal.