Public Private Investment Unit
The Public Private Investment Unit (PPIU) is part of the Economic Policy Unit. PPIU comprises four members of staff, a Grade 7, a deputy principal, a staff officer and an executive officer. The unit was established in May 2003.
Why was the Public Private Investment Unit established?
PPIU was established to advise Ministers on the development and co-ordination of PPP policy and to monitor and evaluate its implementation. PPIU carries out its work in conjunction with the finance and procurement teams in the Department of Finance and Personnel and supports the work of the Strategic Investment Board.
Role of Public Private Investment Unit
The unit is responsible for:
- Providing advice to Ministers on the development and co-ordination of Public Private Partnership (PPP)
. - The oversight and monitoring of the Strategic Investment Board (SIB)
The SIB is a company limited by guarantee, wholly owned by the OFMDFM. It was created to provide a centre of excellence and expertise in project development, project management and procurement and provide guidance and support NI Departments on the appropriate use of PPP projects.
