Ecumene SPPs are Structured Private Partnerships (SPPs). Ecumene has taken the traditional PPP (Public Private Partnership) model as referenced below, and structured the private partnerships to have the ability to develop resource assets and ensure that the Country benefits from more of the upside in the development of natural resources unlocking additional value which is then invested into essential infrastructure projects, into agriculture, hospitals, telecoms, and other essential projects that assist in delivering growth in GDP, which in turn leads to a more prosperous nation providing a better standard of living.

The SPPs de-risk the development of resources for both sides of the partnership. The Government (Public side) are assured of a greater return, and an injection of direct investment to develop value that is sat in the ground, and as it is a fairly structured partnership, the private side are de-risked by ensuring assistance from the Government, and taking any expropriation of projects off the table.

A Public Private Partnership (“PPP”) is an agreement between public sector institutions and private companies to jointly develop and benefit from a co-operation and co-development of assets, infrastructure or services.

According to the UN, PPPs are aimed at financing, designing, implementing, developing and operating public sector assets and services and will have three main characteristics, namely,

• Long term (sometimes up to 30 years) service provisions;
• The transfer of risks to the private sector; and,
• Different forms of long-term contracts drawn up between legal entities and public authorities.

Unlike private projects where prices are generally determined competitively and government resources are not involved.

Typically, PPP projects typically involve transfer or licensing of public assets, delegation of government authority for the recovery of user charges, private control of monopolistic services and sharing of risks and contingent liabilities by the government.