Daily Point 2264 - OMDA

 

The Banking Tutor 

Daily Point 2264

OMDA 

An Operations, Management, and Development Agreement (OMDA) is a specific type of Public-Private Partnership (PPP) contract in which a government hires a private company to operate, maintain, and develop a public asset. The private company does not take ownership of the asset, and the public authority retains control. This model is commonly used for infrastructure projects, such as the privatization of Indian airports.

Sekhar Pariti

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