Yes! PPP expedites the capital and resource mobilization. The government provides the conducive environment (may be some capital or other resources like land as well) and bulk of financing is done by private partners. This model works best for large infrastructure projects, ports, power, dams, ... and educational projects as well.
After five years, where are you with this fine question? Do you see a world that requires the state to engage closer with the private sector? If so, PPP is an imperative, and yet a complex force. See Article Public-Private Partnerships (PPP) on Moulding State Structur...