Incorporating Corporate Know-How into Local Community Development Public-Private Partnerships (PPP/PFI) Explanatory Book Published

We are pleased to announce that Satomi Shintani, President of Brain Farm, Inc., which supports public-private partnerships (PPP/PFI) for local governments and companies, has decided to publish a basic explanation book that can be understood by local governments and local companies that are new to public-private partnerships (PPP/PFI).

Cover of the new book, "Textbook of PPP/PFI

Many local governments across Japan are currently facing the challenges of aging, obsolete, and surplus public facilities. In addition to the declining attractiveness of facilities that used to be the core of the community's liveliness, the declining tax revenues associated with depopulation have placed a heavy burden on infrastructure maintenance, and it is becoming increasingly difficult for local governments to ensure the vitality and safety of their communities by themselves.

Under these circumstances, the Cabinet Office and the Ministry of Land, Infrastructure, Transport and Tourism are promoting PPP/PFI, or public-private partnerships for community development. By having the public and private sectors work together and fully utilize private-sector know-how to provide public services to local residents, it is hoped that attractive facilities that could not be planned by government officials alone or infrastructure management technologies that could not be conceived by local governments alone will be introduced.

However, the public-private partnership (PPP/PFI) method requires time to understand the system, etc., and, aside from major general contractors and city municipal employees who are familiar with it, municipalities and local companies that have not yet worked with it often do not know where to start.

Therefore, we have provided an easy-to-understand explanation of the features of the system with the aim of "making it easy to read, even for those with no experience or knowledge at all, so that by the end of the book, they will be able to take professional approaches.

In order to provide a useful but not merely dry explanation, the book is interspersed with small stories and behind-the-scenes tidbits, and also touches on the know-how and intuitive points when actually implementing the system, based on our experience in consulting at more than 300 facilities nationwide. The entire book was written by the author with the enthusiasm that it will become a basic book for future community development.

Title: "PPP/PFI Textbook: Everything You Need to Know in One Book

Author: Satomi Shintani, President and Representative Director, Brain Farm Co.

Publisher: Chuokeizai-sha Inc.

Scheduled release date: February 2024

Our representative, Shintani