A Conceptual Framework for Managing Risks in Public Private Partnership Projects in Housing Estate Development in Nigeria

Sanda, Yakubu Nehemiah; Anigbogu, Natalia A.

doi:10.5296/ijrd.v3i1.8144

Cited by 13 publications

(2 citation statements)

References 12 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Developing countries not only have fewer PPP projects but also a higher number of failed ones (Osei-Kyei & Chan, 2016). Also, PPP markets in developing countries have not yet attracted a reasonable number of private investments (Osei-Kyei & Chan, 2017; Wang et al, 2019), Furthermore, of the studies that have been conducted on risk management in PPPs in developing countries (Ameyaw & Chan, 2013; Andon, 2012; Ma et al, 2019; Neto et al, 2016; Roumboutsos & Anagnostopoulos, 2008; Yakubu & A Anigbogu, 2016), none focused on Uganda.…”

Section: Literature Reviewmentioning

confidence: 99%

Principal Risks Associated with Public-Private Partnership Projects in Uganda

Bagenda

Ndevu

2023

Public Works Management & Policy

View full text Add to dashboard Cite

Public-Private Partnerships (PPPs) have been adopted globally to reduce funding gaps amidst an increasing need for public infrastructure. However, they are prone to several risks. Little attention has been paid to this crucial phenomenon in Uganda, despite the rising interest in the use of the PPP model. Through a questionnaire survey with PPP experts in Uganda, 34 principal risks were identified of which the top 10 are construction completion, government corruption, construction cost overrun, land acquisition, delay in project approval and permits, high financing cost, operation cost overrun, inadequate tender competition, procurement risk, and inability to service debt risk. Most of these were found to arise from inadequate experience in PPPs, the complexity of the PPP model, high levels of corruption and the immature domestic financial market. The knowledge of these risks can guide PPP contract negotiations and potential investors in their investment decisions, especially the objective assessment of PPP projects.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Principal Risks Associated with Public-Private Partnership Projects in Uganda

Bagenda

Ndevu

2023

Public Works Management & Policy

View full text Add to dashboard Cite

show abstract

“…32 Sanda and Natalia discovered in their study that the houses were much beyond the intended beneficiaries' affordability level owing to a lack of political will, corruption among government agents and private sector developers, insincerity of contacting parties, and the lack of a development money. 33 However, Ibem emphasizes that the PPP strategy is primarily a formal joint venture partnership including the government giving subsidized land and private sector partners providing service plots or building dwelling units. 34 While this technique has supplied plots and cheap housing units for certain high-income elites, it has only modestly increased the quantity of housing units available to Nigeria's poor.…”

Section: Literature Review and Theoretical Issuesmentioning

confidence: 99%

Abridging the Housing Infrastructure Deficit in Nigeria through PPPs

Izebhor¹

2022

NBLJ

View full text Add to dashboard Cite

The global community recognizes that increasing the availability of affordable housing is one of the century's major development challenges. 1 This problem is exacerbated in populous developing economies such as Nigeria, where the government has tried a variety of housing initiatives to address the problem with little success. Despite the importance of housing to human survival, securing housing for a substantial portion of the Nigeria's low-income population continues to remain a struggle. Although public-private partnerships are becoming popular in providing key infrastructure, their application in housing delivery is fraught with difficulties in Nigeria. This paper undertakes a critical literature review of the key concepts discussed in the paper and its ensuing theoretical issues, it also provides a detailed history of housing policies and programmes in Nigeria while addressing some of their pitfalls. This paper also provides an overview of the current PPP policy for provision of affordable housing in Nigeria, some of the challenges of PPPs in providing housing infrastructure in Nigeria were also enumerated and briefly discussed. This paper concludes with key recommendations that can aid in closing the housing infrastructure deficit in Nigeria through the effective use of PPPs.

show abstract