how long do private finance initiative projects last 
private finance initiative projects usually take decades to complete contracts typically last 20 to 30 years the bottom lineprivate finance initiatives pfis allow governments and the private sector to join forces to finance and implement projects that benefit the public sector while pfis have some potential downsides governments around the world have used them for decades to finance a wide variety of projects ranging from highways to hospitals referred to as public private partnerships ppps in the united states such partnerships were instrumental in developing covid 19 vaccines 