Sanni, A O (2016) Factors determining the success of public private partnership projects in Nigeria. Construction Economics and Building, 16(2), pp. 42-55. ISSN 2204-9029
Abstract
The implementation of public private partnership (PPP) procurement method is expected to help governments in the development of infrastructures and provides an opportunity for the reduction in the governments' debt profiles. This method has been adopted in Nigeria for more than a decade and with these years of implementation, few infrastructural projects have been developed using this method while some have been unsuccessful. This study aims to examine the PPP projects implementation in Nigeria and identify the most critical factors that could determine the success of such projects. A total of 184 questionnaires were received from public and private sectors' participants in the implementation of PPP projects. An exploratory factor analysis identified seven critical success factors as projects feedback, leadership focus, risk allocation and economic policy, good governance and political support, short construction period, favourable socio-economic factors, and delivering publicly needed service. This study shows that more developmental projects could be delivered through PPP if the government could focus on these main factors in the implementation process. The result will influence policy development towards PPP and guide the partners in the development of PPP projects.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | developing countries; Nigeria; critical success factors; procurement; public private partnership |
| Index terms: | procurement method, economic policy, infrastructural project, exploratory factor analysis, developing country, risk allocation, questionnaire, governance, economic factor, critical success factor, implementation, private sector, critical factor, Nigeria, public private partnership |
| Subjects: | data collection methods, risk assessment, business, economic concepts, Geography, development economics, control systems, financial risk, infrastructure engineering, industry analysis, contractual arrangements, business policy, statistical analysis |
| Topics: | Business Strategy, Cost Management, Engineering Principles, Project Management, Geographical Context, Research Practice, Risk Management, Governance, Procurement, International Construction |
| Descriptive scope: | 3 PCA |
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