IJCSCM

PUBLIC PRIVATE PARTNERSHIPS: A POSSIBLE ALTERNATIVE FOR DELIVERY OF INFRASTRUCTURE PROJECTS IN AFRICA

Author's Name:

Bwanali, Salim, Rwelamila, Pantaleo


University of South Africa

It is estimated that Africa needs $93 billion annually until 2020 in order to bridge its infrastructure deficit. It is through significant investment in infrastructure development that economic growth and poverty alleviation can be enhanced. However central to all construction projects is an effective and sustainable procurement system. There is a notable shift by some African governments to turn to the private sector to design, build, finance and operate infrastructure facilities previously provided by the public sector in the form of Public Private Partnerships (PPP’s). As an innovative financing model, PPPs present an opportunity to governments to improve service delivery. Accordingly, this paper focuses on assessing international best practices as to how some developing nations tap into the resources of the private sector in implementing their infrastructure projects. The study is a result of critical review, synthesis and contextualization of relevant academic literature, conference and journal publications. A thorough document review method was employed to assess how some developing countries have institutionalized PPP as part of their development strategy. The paper will be of significant value to senior government officials as understanding the concept and dynamics of PPP will result in accelerated and effective service delivery.

Keywords: Infrastructure development, Innovative financing model, Public private partnerships, Risk allocation, Value for money..