noun, noun which may take the genitive case particle 'no'
privately operated; private management
Used for facilities, services, or enterprises run by private entities, as opposed to public or government operation. Often appears in compounds like 私営鉄道 (privately operated railway).
This museum is privately operated, so the admission fee is a bit high.
私営のバス会社がその路線を運行している。
A privately managed bus company operates that route.
市営 and 私営 are both pronounced しえい, but 市営 means run by a city government while 私営 means privately run.
Compound of 私 (private) and 営 (manage, operate). The reading しえい is the on'yomi of both characters.