Barriers to the use of Public-Private Partnerships for provision of Public Infrastructure in Developing countries: A review
Public private partnerships ( PPP) or Private Finance Initiatives (PFI) are the new age procurement strategy used by many governments across the world to provide the much needed world-class public services for their citizenry. The strategy emanated from the UK in 1992 and has spread across the...
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my.utp.eprints.81912017-01-19T08:22:24Z Barriers to the use of Public-Private Partnerships for provision of Public Infrastructure in Developing countries: A review Umar, Abdullahi Ahmed Idrus, Arazi Khamidi, M. Faris TA Engineering (General). Civil engineering (General) Public private partnerships ( PPP) or Private Finance Initiatives (PFI) are the new age procurement strategy used by many governments across the world to provide the much needed world-class public services for their citizenry. The strategy emanated from the UK in 1992 and has spread across the entire globe though in varying degrees. Developing countries are still trying to find their feet under this procurement strategy, the reasons for this lethargy stems from a number of factors which though within the purview of these countries but has continued to elude them. Public private partnerships adoption is meant to curb sovereign debt burden, increase Value for Money (VFM) of constructed assets, manage the risks of time and cost overruns, improve the quality of the final product, improve efficiency of public services, assist in public sector reforms under the New Public Management (NPM), reduce project life-cycle costs, promote local economic growth, strengthen national infrastructure, hasten development and create a private sector-led economy. The above benefits are indeed novel however achieving them using this procurement strategy requires the fulfillment of a number of conditions; therefore it is the aim of this paper to highlight the barriers and conditions that must be met 2011-09-19 Conference or Workshop Item PeerReviewed application/pdf http://eprints.utp.edu.my/8191/1/Barriers_PPP__Khamidi.pdf Umar, Abdullahi Ahmed and Idrus, Arazi and Khamidi, M. Faris (2011) Barriers to the use of Public-Private Partnerships for provision of Public Infrastructure in Developing countries: A review. In: National Postgraduate Conference (NPC), 2011, 19-20 Sept. 2011, Universiti Teknologi PETRONAS. http://eprints.utp.edu.my/8191/ |
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TA Engineering (General). Civil engineering (General) |
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TA Engineering (General). Civil engineering (General) Umar, Abdullahi Ahmed Idrus, Arazi Khamidi, M. Faris Barriers to the use of Public-Private Partnerships for provision of Public Infrastructure in Developing countries: A review |
| description |
Public private partnerships ( PPP) or Private
Finance Initiatives (PFI) are the new age procurement strategy
used by many governments across the world to provide the
much needed world-class public services for their citizenry.
The strategy emanated from the UK in 1992 and has spread
across the entire globe though in varying degrees. Developing
countries are still trying to find their feet under this
procurement strategy, the reasons for this lethargy stems from
a number of factors which though within the purview of these
countries but has continued to elude them. Public private
partnerships adoption is meant to curb sovereign debt burden,
increase Value for Money (VFM) of constructed assets,
manage the risks of time and cost overruns, improve the
quality of the final product, improve efficiency of public
services, assist in public sector reforms under the New Public
Management (NPM), reduce project life-cycle costs, promote
local economic growth, strengthen national infrastructure,
hasten development and create a private sector-led economy.
The above benefits are indeed novel however achieving them
using this procurement strategy requires the fulfillment of a
number of conditions; therefore it is the aim of this paper to
highlight the barriers and conditions that must be met |
| format |
Conference or Workshop Item |
| author |
Umar, Abdullahi Ahmed Idrus, Arazi Khamidi, M. Faris |
| author_facet |
Umar, Abdullahi Ahmed Idrus, Arazi Khamidi, M. Faris |
| author_sort |
Umar, Abdullahi Ahmed |
| title |
Barriers to the use of Public-Private Partnerships for
provision of Public Infrastructure in Developing
countries: A review |
| title_short |
Barriers to the use of Public-Private Partnerships for
provision of Public Infrastructure in Developing
countries: A review |
| title_full |
Barriers to the use of Public-Private Partnerships for
provision of Public Infrastructure in Developing
countries: A review |
| title_fullStr |
Barriers to the use of Public-Private Partnerships for
provision of Public Infrastructure in Developing
countries: A review |
| title_full_unstemmed |
Barriers to the use of Public-Private Partnerships for
provision of Public Infrastructure in Developing
countries: A review |
| title_sort |
barriers to the use of public-private partnerships for
provision of public infrastructure in developing
countries: a review |
| publishDate |
2011 |
| url |
http://eprints.utp.edu.my/8191/1/Barriers_PPP__Khamidi.pdf http://eprints.utp.edu.my/8191/ |
| _version_ |
1738655638629646336 |
| score |
13.211869 |