JDCs
JDCs, or Joint Development Companies, are entities formed through a partnership between a government and a private sector company to develop a specific project. The primary objective of a JDC is to leverage the strengths of both sectors to achieve a common goal, often in infrastructure, technology, or other critical areas. The government typically provides land, regulatory support, and sometimes financial assistance, while the private sector brings in expertise, capital, and operational know-how.
The formation of a JDC involves a detailed agreement outlining the roles, responsibilities, and profit-sharing mechanisms
JDCs have been used in various countries to accelerate development projects. For example, in India, JDCs have
In conclusion, JDCs represent a strategic approach to development, combining the resources and expertise of the