A company established and run by government or local authorities; typically provides public services with an emphasis on public interest.
その水道事業は市の公営企業が運営している。
The water utility is operated by a municipal public enterprise.
公営企業は利益だけでなく地域住民の生活を守ることも重視される。
Public enterprises are expected to prioritize not only profit but also protecting the lives of local residents.