The government has concluded a build-lease to purchase ‘public private partnership’ deal for the construction of a set of office buildings

The government has concluded a build-lease to purchase ‘public private partnership’ deal for the construction of a set of office buildings, which will be financed by private capital then paid for by the government through a 10-year leasing arrangement. “Details of the deal struck by the Christie administration with PPP Investments & Construction Company are disclosed in the latter`s $25 million bond offering, as it seeks to raise the necessary financing from private investors to complete the construction project.”