Sustainable Urbanization and Development Goals Strategy through Public–Private Partnerships in a South-Asian Metropolis

Bilal Anwar, Zhongdong Xiao, Sharmin Akter and Ramiz-Ur Rehman
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Bilal Anwar: The School of Management, Xi’an Jiaotong University, 28 Xianning West Road, Xi’an 710049, China
Zhongdong Xiao: The School of Management, Xi’an Jiaotong University, 28 Xianning West Road, Xi’an 710049, China
Sharmin Akter: Department of Marketing, University of Chittagong, Hathazari, Chittagong 4331, Bangladesh
Ramiz-Ur Rehman: Lahore Business School, The University of Lahore, Lahore 54100, Pakistan

Sustainability, 2017, vol. 9, issue 11, 1-26

Abstract: Contemporary urbanization appears as a conundrum especially in developing nations. This study will act as an accelerator to spill out snags caused by urbanization with a new approach in the development of sustainable infrastructure through Public–Private Partnerships (3Ps). This study first explains the complications generated by rapid urbanization in different infrastructural sectors in South Asian mega cities like Dhaka and Lahore. Second, the findings of the study elaborate on a new mechanism to adapt to Sustainable Development Goal 11 declared by the United Nations with the engagement of different stake holders working in different silos through 3Ps (like BOT, BOOT, BLT, DBF, PFI etc.). This study uses case studies as part of the research mixed methodology. Studies on Dhaka and Lahore including multi projects through 3Ps, and a detailed questionnaire survey based on critical risk factors from the Meta review of 3P literature are presented to establish the current status of sustainable development goals. This paper primarily contributes in two ways. First, by providing a new direction to policy makers to devise policies using a twofold approach i.e., grasp urbanization with sustainable infrastructure delivery by sustainable enactment of 3P projects. Second, bridge the knowledge gap by identifying the risk factors in the sustainable establishment of 3P projects in developing nations.

Keywords: urbanization; infrastructure; 3P; Sustainable Development Goals (SDGs); sustainability; smart city; critical risk factors (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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