Critical assessment of the public-private partnership model as a solution to infrastructure delivery: The case of an emerging country

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Abstract

Public-private partnerships (PPP) are likely to emerge as a new model for improved infrastructure development in developing countries. Scrutinizing the possibility of adopting the PPP model in addressing infrastructure challenges is the main objective of this paper. The study identifies the critical success factors for PPP project implementation based on the case of an emerging country. Qualitative research was used in this study. The target population in this study is a group of experts who are currently involved in infrastructure planning, development and policy making. The research concludes that lack of political will and government’s failure to develop policies to support PPPs are a major problem for this issue in developing countries. The research indicates the relevance and immediate necessity for governments of developing countries to develop a transparent and consistent policy and legal structure on PPPs to attract and promote private sector involvement in infrastructure projects.

Keywords: Infrastructure Development, Public-Private Partnerships, Qualitative Research, Public Sector, Private Sector, Risk

JEL Classification: M11, H12

Received: 27.04.2018

Accepted: 22.06.2018

Published online: 18.07.2018

How to cite this paper: Mrwebi, V., Chinomona, E., & Shumba, B. (2018). Critical assessment of the public-private partnership model as a solution to infrastructure delivery: The case of an emerging country. Corporate Governance and Organizational Behavior Review, 2(1), 69-78. https://doi.org/10.22495/cgobr_v2_i1_p6