Factors impeding the implementation of public private partnership (PPP) road project in Ghana
| dc.contributor.author | Adu-Antwi, Patrick | |
| dc.contributor.author | ||
| dc.date.accessioned | 2021-06-30T10:18:56Z | |
| dc.date.accessioned | 2023-04-19T04:13:40Z | |
| dc.date.available | 2021-06-30T10:18:56Z | |
| dc.date.available | 2023-04-19T04:13:40Z | |
| dc.date.issued | 2021-06-30 | |
| dc.description | A thesis submitted to the Department of Construction Technology and Management, College of Art and Built Environment, in partial fulfillment of the requirement for the Degree of Master of Science. | en_US |
| dc.description.abstract | Ghana’s ability to finance its infrastructural projects has been a major impediment to development since independence. As a result, the country resorted to the donor agencies like the International Monetary Fund (IMF) and the World Bank for support. The onus lies on government now to fall on the private sector to assist in the provision of infrastructure such as roads, water, housing and others. Public private partner presents a more viable options to government in provision of public infrastructure. The aim of the study was to investigate factors impeding the implementation of public private partnership (PPP) road project in Ghana. A purposive sampling method was used in the selection of respondents, questionnaires were distributed to some public-sector workers involved in the provision of road infrastructure and some selected road contractors. Responses received from the respondents were analyzed in accordance with the objective of the research. The study measured the respondents’ views on how the following factors impede the PPP implementation: toll adjustment mechanism, current economic challenges, inflation rates, high cost of doing business and interest rates. It also measured the influence of factors like political will of government in procuring of PPP projects, high financial cost in procuring of PPP projects and high cost of relocating services along the corridor. A relative significance index was used to rank the factors. The study discovered that the toll adjustment mechanism was the most significant factor impeding PPP implementation whilst the procurement models used and project viability were the least impactful. The research also suggested strategies that will help in the smooth implementation of PPP road project in Ghana. These strategies include low cost of doing business, good political will of government in procuring models, realistic toll charges, stable political environment, easy access to credit facility. The respondents also believed that a lowered cost of doing business in the country would significantly ease PPP implementation. Other suggested strategies include realistic toll charges, a stable political environment, easy access to credit among others. It’s therefore recommended that the government should focus on improving the macroeconomic fundamentals so that private investors can build the financial muscle to invest in capital intensive projects like the PPP road projects. The government also needs to demonstrate a commitment in terms of policy direction to maximizing PPP opportunities. Education and publicity are also needed to increase public awareness of PPP models of procurement for road infrastructure. | en_US |
| dc.description.sponsorship | KNUST | en_US |
| dc.identifier.uri | https://ir.knust.edu.gh/handle/123456789/14204 | |
| dc.language.iso | en_US | en_US |
| dc.subject | Implementation | en_US |
| dc.subject | Private partnership | en_US |
| dc.subject | Road project | en_US |
| dc.title | Factors impeding the implementation of public private partnership (PPP) road project in Ghana | en_US |
| dc.type | Thesis | en_US |
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