Effects of Public-Private Partnerships on Infrastructure Development in Sudan
DOI:
https://doi.org/10.47672/ajppa.2194Keywords:
Public-Private, Partnerships, Infrastructure, DevelopmentAbstract
Purpose: The aim of the study was to assess the effects of public-private partnerships on infrastructure development in Sudan.
Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries.
Findings: The study showed mixed effects on infrastructure development. On the positive side, they often bring in private sector expertise, innovation, and funding, which can accelerate project implementation and improve efficiency. PPPs can also transfer project risks to the private sector, reducing the burden on public finances. However, critics argue that PPPs can lead to higher costs for the public in the long run due to profit motives, lack of transparency, and potential conflicts of interest. Additionally, not all projects are suitable for PPPs, and careful consideration of the specific context and goals is necessary to ensure successful outcomes.
Implications to Theory, Practice and Policy: Transaction cost economics, principal-agent theory and institutional theory may be used to anchor future studies on assessing the effects of public-private partnerships on infrastructure development in Sudan. A practical recommendation is to establish collaborative learning platforms for stakeholders involved in PPP projects. A key policy recommendation is to develop and enforce robust regulatory frameworks that govern PPP engagements.
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Copyright (c) 2024 Mohamed Hassan
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