Local Asset backed Vehicle (LABV)

Croatian translation: javno-privatno partnerstvo (jpp)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Local Asset backed Vehicle (LABV)
Croatian translation:javno-privatno partnerstvo (jpp)
Entered by: Darko Kolega

17:44 Jun 6, 2010
English to Croatian translations [PRO]
Bus/Financial - Social Science, Sociology, Ethics, etc.
English term or phrase: Local Asset backed Vehicle (LABV)
A Local Asset backed Vehicle (LABV) is a partnership between the Public and Private sectors, with the creation of a limited liability corporate entity.
A LABV allows the Authority to contribute land and assets to the partnership, while the Private Sector commits equity and expertise. After the Authority has received a base value both parties receive a 50% share of any profits generated through the partnership.
The LABV model allows Councils to unlock value from land through property development to help deliver regeneration. Rather than selling property without any future control over how it is developed, the LABV structure maximises value and ensures Authorities maintain control of assets throughout the duration of the partnership, both as a shareholder and as the planning authority.
Working in partnership with the Private Sector allows for accelerated delivery of infrastructure assets while transferring the risk of debt onto the Private Sector.

As well as the injection of equity, the Public Sector also benefits from Private Sector expertise including development management, financial modelling skills, targeted stakeholder engagement, supply chain management and buying power. A LABV takes a long-term approach to developing both the operational and investment estate through aligning economic development objectives, regeneration and planning aspirations. The LABV supplements in-house resources and allows projects to be actively promoted, including the funding of opportunity purchases that meet the objectives of the partnership.
Not only do Councils receive the value of land but also a share of development profit as they use land value as equity in development projects.
pinc66
javno-privatno partnerstvo (jpp)
Explanation:
Javno-privatno partnerstvo može se opisati kao kooperacija između javnog i privatnog sektora na području planiranja, proizvodnje, pružanja, financiranja, poslovanja ili naplate javnih poslova. Javni sektor se tom prilikom javlja kao proizvođač i ponuđač takve suradnje – kao partner koji ugovorno definira vrste i obim poslova ili usluga koje namjerava prenijeti na privatni sektor i koji obavljanje javnih poslova nudi privatnom sektoru. Privatni sektor se javlja kao partner koji potražuje takvu suradnju, ukoliko može ostvariti poslovni interes (profit) i koji je dužan kvalitetno izvršavati ugovorno dobivene i definirane poslove.....
Selected response from:

Darko Kolega
Croatia
Local time: 14:21
Grading comment
thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
3javno-privatno partnerstvo (jpp)
Darko Kolega
Summary of reference entries provided
subject posebne namjene - Special Purpose Vehicle (SVP)
bonafide1313

  

Answers


14 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
local asset backed vehicle (labv)
javno-privatno partnerstvo (jpp)


Explanation:
Javno-privatno partnerstvo može se opisati kao kooperacija između javnog i privatnog sektora na području planiranja, proizvodnje, pružanja, financiranja, poslovanja ili naplate javnih poslova. Javni sektor se tom prilikom javlja kao proizvođač i ponuđač takve suradnje – kao partner koji ugovorno definira vrste i obim poslova ili usluga koje namjerava prenijeti na privatni sektor i koji obavljanje javnih poslova nudi privatnom sektoru. Privatni sektor se javlja kao partner koji potražuje takvu suradnju, ukoliko može ostvariti poslovni interes (profit) i koji je dužan kvalitetno izvršavati ugovorno dobivene i definirane poslove.....

Example sentence(s):
  • “Javno-privatno partnerstvo (JPP) omogućava učinkovit način provedbe infrastrukturnih projekata i pružanja javnih usluga te promiče inovativan pristup u primjeni mjera gospodarskog oporavka.”
  • C.LAB – „The Adriatic Centre for the rural development actors" ... ciljevi projekta su: (1)poticanje i jačanje partnerstva privatnog i javnog sektora unutar ...

    Reference: http://www.ajpp.hr/
    Reference: http://www.azrri.hr/index.php?id=160
Darko Kolega
Croatia
Local time: 14:21
Works in field
Native speaker of: Native in CroatianCroatian
PRO pts in category: 4
Grading comment
thanks
Login to enter a peer comment (or grade)




Reference comments


15 hrs
Reference: subject posebne namjene - Special Purpose Vehicle (SVP)

Reference information:
http://srr-fbih.org/MSFI_MRS/57_SIC_12.htm

.... možda ovaj link može pomoći za kreiranje naziva za ovaj subjekt (Vehicle)...

bonafide1313
Croatia
Works in field
Native speaker of: Native in CroatianCroatian
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search