- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 25 Jan 2019
The ‘private sector’ is the section of the national economy that is run by private individuals and businesses, usually as a means of enterprise for profit. It is distinguished from the ‘public sector’ which is run and controlled by the state, and from the ‘voluntary sector’ which is run by charities and non-profit organisations.
Although states do not control the private sector, they do produce legislation that regulates their practices and operation, set standards they are expected meet and develop policies that affect the business environment.
There have been several policy initiatives designed to encourage private sector involvement in large-scale public projects, such as the now-abandoned Private finance initiative (PFI), and Public Private Partnerships (PPPs). PPPs were first developed in the 1990s in the belief that private sector companies might be more efficient at providing certain services than public authorities and so could deliver better value for money for taxpayers.
 Related articles on Designing Buildings Wiki
Featured articles and news
Are you an experienced writer with a practical understanding of the industry?
Hagia Sophia, Istanbul.
New Dwelling House at Grange View.
The causes of sinkholes.
The growth of megacities.
The restoration of Big Ben
Improving fire-safety design with computer modelling.
Sound insulation testing.
Making commercial property more efficient.
SF6 is at the heart of the electrical industry.
Caring for graves and memorials at 23,000 locations.
A return to historical forms and local identities. Book review.
Black water recycling.
Opening the door to all.
The 1960s Lava lamp.