GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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19:36 Nov 17, 2001 |
German to English translations [PRO] Bus/Financial - Chemistry; Chem Sci/Eng / chemical industry | |||||||
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| Selected response from: Hans-Henning Judek Local time: 21:05 | ||||||
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Summary of answers provided | ||||
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5 +1 | public-private partnership with public majority shareholding |
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4 | a joint venture, municipal by majority /a mainly municipal joint venture |
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public-private partnership with public majority shareholding Explanation: "xxx is a public-private partnership with public (or municipal) majority shareholding....." E.g. city and general contractor build a parking facility on city land. City holds majority in the public-private partnership (frequently called PPP) own experience as international lawyer |
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a joint venture, municipal by majority /a mainly municipal joint venture Explanation: Municipal should only be used if the participants are indeed local governments. If they are private sector providers, as for example privately owned power and gas providers local/communal would be more approriate. Or the xxx is a mainly local/municipal joint venture of... |
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