PPP Models Boosting Economic Development in SSA Nations
By: DR ILAN BIJAOUI
International Business and Innovation Institute
Bar Ilan University
Huge assets have been lost by governments and local authorities because of failed public projects. Fundamental inspiration for utilizing PPPs in public projects is their capability to improve value for money (VfM) for shareholders. Principal political contention against PPPs is that privately-owned industries make benefits on public resources. Accompanying chapters present the PPP models, PPP effective experience of chosen nations, and the execution of PPP models in SSA nations in transport and ports, energy, water, health, agribusiness, education and housing sectors. Approaches to guarantee their positive effect on the value produced for the public in the various sectors are proposed.
In transport projects, political responsibility by an intra-agency planning board of trustees accountable for contract building and shareholder commitment is required. In health projects, the choice of improving existing establishments is desirable over costly new establishments. In education to incorporate the most vulnerable and impeded communities is required. In energy ventures to meet social and environmental targets in the contract is required. In water projects, the capacity of the administrator to create benefits must be straightforwardly identified with performance. In housing projects relevant planning and execution guarantee high public value.