Public corporations are established mainly to

Public corporations are established mainly to provide essential services and amenities to the public. A public corporation is a government-owned entity that is established to operate in a commercial or business-like manner to provide essential goods or services to the public. Some examples of public corporations include utilities, transportation systems, and healthcare facilities. The main objective of establishing public corporations is to ensure that the government can provide essential goods and services to the public in a cost-effective and efficient manner. In many cases, these services are essential for the well-being and welfare of the public, and it may not be practical for private companies to provide them. For example, a public corporation may be established to provide electricity or water to the public, as these are essential services that are necessary for people to live their daily lives. The government may establish a public corporation to ensure that these services are available to everyone, regardless of their ability to pay. In summary, public corporations are established mainly to provide essential services and amenities to the public, as it may not be practical or feasible for private companies to provide them.