Hassouna, R (2005) Viability of applying the public private partnership (PPP) strategy to the libyan construction industry. In: Khosrowshahi, F (ed.) Proceedings of 21st Annual ARCOM Conference, 7-9 September 2005, London, UK.
Abstract
The Public Private Partnership (PPP) strategy has not yet been introduced to the Libyan public sector or construction industry. However, recent radical changes in Libyan government policy toward openness on foreign investment and a bigger role for the private sector suggest that PPP type schemes could be a strong alternative to the traditional way the country procures its projects. The main objectives of this research are to examine the readiness of leading Libyan contractors to embrace PPP, their willingness to be a reliable partner if the strategy is adopted by the Libyan government, and what steps they are expecting from the public sector in order to make PPP successful in practice in Libya. Seventeen companies participated in this research through a questionnaire survey divided into three main categories representing the main objectives of the research. The research concludes that there is a potentially bright future for PPP practice in Libya, for both the public sector and private investors (Local or Foreign), based on the positive responses from the sample. Following years of devastating sanctions, the Libyan public sector is in real need of the management skills that the private sector can provide, and the financial resources of the country make it an attractive target for any investor.
| Item Type: | Conference Paper (Paper) |
|---|---|
| Uncontrolled Keywords: | procurement system; public private partnership; public sector projects; infrastructure; Libya |
| Index terms: | private sector, strategy, public sector, survey, investor, construction industry, public private partnership, Libya, government policy, foreign investment, questionnaire, procurement system |
| Subjects: | Geography, management, industry analysis, administrative law, sociology, data collection methods, economic analysis, contractual arrangements, public policy |
| Topics: | Stakeholder Management, Procurement, Governance, Business Strategy, Geographical Context, Research Practice, Legal Issues, International Construction |
| Descriptive scope: | 5 PCTEA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here