Suitable Infrastructure Projects for Public Private Partnerships in Zambia
Erastus M. Mwanaumo (),
Sampa Chisumbe,
Naomi Mbewe,
Mwewa Mambwe and
Lubinda Haabazoka
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Erastus M. Mwanaumo: School of Engineering, University of Zambia
Sampa Chisumbe: School of Engineering, University of Zambia
Naomi Mbewe: School of Engineering, University of Zambia
Mwewa Mambwe: School of Engineering, University of Zambia
Lubinda Haabazoka: University of Zambia
Chapter 19 in Supporting Inclusive Growth and Sustainable Development in Africa - Volume I, 2020, pp 259-270 from Springer
Abstract:
Abstract In an increasingly competitive global environment, public sectors around the world are focusing on new ways to finance projects, build infrastructure and deliver services. Financing of critical infrastructure is a challenge in many developing countries such as Zambia due to many other competing needs. This study scrutinized the types of infrastructural projects most suitable for implementation using public private partnerships (PPPs). A mixed method approach was adopted for the study. Qualitative and quantitative data were collected through interviews and questionnaires respectively. The findings revealed that the projects undertaken in electricity and water sanitation, transportation (road, rail and airport) and health/social services are the most suitable for PPP implementation in Zambia. The study therefore recommends the promotion of PPP in the delivery of such infrastructure if the gap in the provision of critical infrastructure is to be cushioned. More so, since the sharing of risks and rewards is a key driver for a quality private partner to enter into a partnership, and the public sector should ensure that contracts are based on genuine evaluations of the situation and should not transfer unmanageable risks to the private partner or unreasonably limit performance incentives.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-41979-0_19
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DOI: 10.1007/978-3-030-41979-0_19
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