The Role of the Public-Private Partnership (PPP) in Achieving the Optimal Economic and Social Benefits Through the Port Sector

Faisal Amur Said Hamed Al Habsi and Asad Ullah
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Faisal Amur Said Hamed Al Habsi: Department of Post-Graduation Studies, Middle East College, Muscat, Oman
Asad Ullah: Assistant Professor, Department of Management studies, Middle East College, Muscat, Oman

International Journal of Management Science and Business Administration, 2022, vol. 8, issue 5, 57-65

Abstract: PPP model is very essential for the success of any partnership between the public and private sector. In this review the types of the PPP models will be analysed, evaluated and proper models will be highlighted. The literature will provide sufficient information about the PPP in one of the developing countries and will also highlight on the work that has been done previously and make proper evaluation of the current situation. This paper presents a theoretical and critical review of the past studies in the PPP program, along with a revision of the outcome and conclusion. The findings of the study suggest that implementation and use of PPP has a significant economic impact on the port sector as it leads to the creation of jobs, can mobilize more financing techniques for infrastructure and multi payment options. The PPP focus more into the efficiency gains, rather than focusing on the expansion of the infrastructure which achieve the best value for money for the government and prevent overspending.

Keywords: PPP (Public Private Partnership); Economy; Social Benefits; Sea Ports; Government (search for similar items in EconPapers)
JEL-codes: M00 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:mgs:ijmsba:v:8:y:2022:i:5:p:57-65

DOI: 10.18775/ijmsba.1849-5664-5419.2014.85.1005

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