Exploring Factors Affecting Implementation of Public Private Partnership Housing Projects in Bauchi State, Nigeria

Sani, Mohammed; Sani, Abdulkadir; Ahmed, Usman Shuaibu

doi:10.22178/pos.32-8

Cited by 7 publications

(6 citation statements)

References 8 publications

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“…Egypt, Tunisia, South Africa (Mohammed et al, 2014), and Nigeria have all benefited from public-private partnerships (Ayodele & Ayosike, 2015 cited in Ojwang, [13]). In comparison to industrialized countries, the majority of African countries that adopt the PPP model for housing provision are still in the early phases of development [14], with an insufficient institutional structure (Kavishe et al, 2018).…”

Section: Public Private Partnershipmentioning

confidence: 99%

Effects of Stakeholder’s Management in Public Private Partnership on Implementation of Affordable Housing Projects in Meru County, Kenya

Muthoni,

Obuba

2023

AJEBA

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More than half of the world's population of over six billion people reside in urban areas, placing increasing responsibility on governments to provide fundamental human necessities, including housing. This challenge is particularly pronounced in Kenya, where many County Government PPP affordable housing initiatives have either failed or been stalled. Both National and County Governments have experienced difficulties in executing these projects, reflecting the nascent stage of PPP application in many underprivileged countries. In Meru County, the Affordable Housing Project (AHP) employs PPP, primarily in the form of joint ventures. This approach distinguishes it from other existing projects and generates a knowledge gap regarding the assessment of the impact of public-private partnerships on the implementation of affordable housing initiatives in this region. The aim of this research was to explore the effects of stakeholder’s management in public private partnership on implementation of affordable housing projects in Meru County, Kenya. Guided by stakeholder theory, the study employed a descriptive research design, collecting data through a structured questionnaire. A proportionate stratified random sampling method was used to select the study sample from County officials, non-governmental organization managers, development partners' managers, and household heads from selected study areas where the projects have been initiated, notably in the Buri, Maweni, Mjini, and Makandara wards. A total of 395 questionnaires were issued to the sampled respondents from a total target of 31978 who included the stakeholders in affordable housing project estates in Meru County that included county official managers in DoLPH (15), NGO’s managers (25), development partners’ managers (5) engaged in affordable housing and household heads (350). The collected data was analyzed and results presented in tables and figures, the qualitative information was presented in prose.

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Section: Public Private Partnershipmentioning

confidence: 99%

Effects of Stakeholder’s Management in Public Private Partnership on Implementation of Affordable Housing Projects in Meru County, Kenya

Muthoni,

Obuba

2023

AJEBA

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“…Guarini and Battisti (2017) established a feasibility assessment model for social housing PPP project in Italy [22]. Sani et al (2018) investigated the impact factors affecting the implementation of PPP housing scheme for providing affordable housing in Bauchi State, Nigeria [23]. Bockman (2018) studied the impact of PPP on American public housing via a case study [24].…”

Section: Ppp Ideology For Affordable Housing Financingmentioning

confidence: 99%

Investment Valuation Model of Public Rental Housing PPP Project for Private Sector: A Real Option Perspective

et al. 2019

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Public rental housing (PRH) in China is mainly invested by the government at present. The huge capital demand brings it great pressure and a series of problems appear meanwhile. Public–private partnership (PPP) has been regarded as a way to solve the funding dilemma of PRH. However, the PRH project is not attractive for the private sector since the expected profit seems unsatisfactory based on traditional valuation methods. To improve this situation, this paper proposed an investment valuation model from a real option perspective. For the private sector, three types of options, including deferral option, abandonment option, and expansion option, were identified during the concession period of a PRH PPP project. On this basis, a two-stage binomial tree model was constructed for estimating the investment value. Then, the proposed model was tested in a hypothetical example of a typical PRH PPP project in Chongqing, China. The result shows that great potential value can be excavated through flexible strategies and adaption to uncertainties. This paper provides a deep analysis on the gaps of the real option application in public housing investment assessment, which is meaningful for improving the supply efficiency and financial sustainability of PRH.

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“…The model should consider that development of down market urban housing is faced by many risks like political, financial, construction, operation and maintenance, demand, legal and revenue generation, which have a cost element. The financing model for PPPs should have an appropriate mix of equity and debt ratios, adequate costing of the risks, and due considerations for the project"s unique conditions and environment, alongside the need for public sector support (African Affordable Housing Institute, 2018; Sani et al, 2018;Kwak et al, 2009). Research has found out that successful application of PPPs requires favourable existence of political, legal, economic and commercial environments to allow optimum participation of the private sector in developing down market urban housing.…”

Section: Successful Ppps Applicationmentioning

confidence: 99%

“…Thirteenth is the need for adequate government guarantees. This should be done through thorough assessment of the costs and benefits (Affordable Housing Institute, 2018; Sani et al, 2018;Kutana, 2017;Ismail, 2013;Mathonsi, 2013; UN Habitat, 2011;Kwak et al, 2009).…”

Section: Successful Ppps Applicationmentioning

confidence: 99%

Provision of down market urban housing in Kenya through strategic application of public private partnerships

Giti¹,

Kâ€TMAkumu²,

Ondieki³

2019

J. Geogr. Reg. Plann.

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Article 43 1 (b) of the constitution of Kenya (2010), alongside other international treaties which the country is party to, obligates the state to provide housing for all Kenyans. These instruments place a greater emphasis on the slums and informal settlements upgrading and development, key among which is down market urban housing. Down market urban housing is principally housing for the low income urban households, or low cost housing. There are many challenges on this endeavour in Kenya, key among them being the application of outdated technologies, inadequate innovation, inadequate financing and low application of efficiency, effectiveness and economy considerations. This situation has led to backlogs in housing supply. The State Department of Housing in Kenya puts the demand for housing at 250,000 units per year while the supply is 50,000 units, creating an annual deficit of 200,000 units. Stakeholders have therefore scouted for alternative methods of addressing these gaps and PPPs have been cited as one of the possible solution to address the undersupply of down market urban housing. This study utilized the Delphi method to gauge the prospects of providing down market urban housing through strategic application of PPPs. It was found out that there are high prospects for applying PPPs in housing delivery. The public sector should come up with PPP models which can work locally, it should incentivise the private sector and more so create enabling environment. It was concluded that PPPs are applicable in the provision of down market urban housing with the right structuring. The recommendations made for Kenya and developing countries are to adopt application of PPPs if the country were to reduce the huge backlogs in housing.

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Exploring Factors Affecting Implementation of Public Private Partnership Housing Projects in Bauchi State, Nigeria

Cited by 7 publications

References 8 publications

Effects of Stakeholder’s Management in Public Private Partnership on Implementation of Affordable Housing Projects in Meru County, Kenya

Effects of Stakeholder’s Management in Public Private Partnership on Implementation of Affordable Housing Projects in Meru County, Kenya

Investment Valuation Model of Public Rental Housing PPP Project for Private Sector: A Real Option Perspective

Provision of down market urban housing in Kenya through strategic application of public private partnerships

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