Risk assessment of public private partnerships projects in developing countries

Zineb Belghiti and Khadija Angade

International Journal of Critical Infrastructures, 2023, vol. 19, issue 2, 108-123

Abstract: The aim of this paper is to assess risks that arise with PPPs transportation projects in Morocco and to provide a better understanding of the risk ranking profile in developing countries. To conduct the study, a questionnaire was administered in order to determine the most critical risks according to public and private sector entities involved in transportation PPPs projects. The results generated 28 critical risks and the top five risk factors were mostly at the meso level. Upon comparing these results with previous studies on the risk assessment of PPPs in developing countries, it was found that the business environment indicator provides a better explanation of the risks ranking of PPPs in developing countries. Thus, the study concludes that macro-risks in developing countries with an attractive business environment will have a lower impact compared to developing countries with an unfavourable investment climate.

Keywords: developing countries; infrastructure; Morocco; public private partnership; PPP; risk assessment; transportation. (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijcist:v:19:y:2023:i:2:p:108-123

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