The PFI arrangement in the United Kingdom for projects is an acronym for:
A)Project Failure Insurance.
B)Profiterole Filling Inclusion.
C)Private Finance Initiative.
D)Primary Figure Investment.

Question

Quizplus · Accepted Answer

PFI stands for Private Finance Initiative, which is a UK government scheme to encourage private sector investment in public infrastructure projects such as hospitals, schools, and transportation. It involves private sector companies providing funding for a project in exchange for a long-term contract to operate and maintain the asset.

The PFI Arrangement in the United Kingdom for Projects Is