Critical Success Factors of Public Private Partnership (PPP) Implementation inBangladesh

Research on key success factors (CSFs) for public-private partnership (PPP) initiatives in developing nations is lacking, especially in South Asian countries like Bangladesh, despite the necessity of such studies. The purpose of this research is to learn how different public and private sector actors in Bangladesh view the CSFs and how those views affect the implementation of PPP projects in the country's infrastructure. To learn how public and private sector actors view the CSFs and SSFs of PPP projects, a questionnaire survey was used. After reviewing the literature, we were able to identify CSFs and SSFs and test the level of agreement between public and private sector respondents. We utilized SPSS software to rank the CSFs and SSFs and look at the perceived disparities between the sectors; 59 responses were usable in total. According to the findings, "economic viability" was the most important criterion, followed by "suitable risk allocation," "sound financial packages," "promising investment environment," and "dependable concessionaire" in that order. The perceptions between the sectors are likewise found to be mixed. In Bangladesh, key parties must be engaged and consensus must be reached over this finding

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Publication Details

Journal
International Journal of Advance Research and Innovation
Published
2024-12-31
DOI
https://doi.org/10.69996/ijari.2024018
Primary Topic
Public-Private Partnership Projects
Type
article
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article

Critical Success Factors of Public Private Partnership (PPP) Implementation inBangladesh

Faruq Ahmed, Zahed Mannan, Mesbah Uddin
International Journal of Advance Research and Innovation
Public-Private Partnership Projects
article

Critical Success Factors of Public Private Partnership (PPP) Implementation inBangladesh

Faruq Ahmed, Zahed Mannan, Mesbah Uddin
article en

Abstract

Research on key success factors (CSFs) for public-private partnership (PPP) initiatives in developing nations is lacking, especially in South Asian countries like Bangladesh, despite the necessity of such studies. The purpose of this research is to learn how different public and private sector actors in Bangladesh view the CSFs and how those views affect the implementation of PPP projects in the country's infrastructure. To learn how public and private sector actors view the CSFs and SSFs of PPP projects, a questionnaire survey was used. After reviewing the literature, we were able to identify CSFs and SSFs and test the level of agreement between public and private sector respondents. We utilized SPSS software to rank the CSFs and SSFs and look at the perceived disparities between the sectors; 59 responses were usable in total. According to the findings, "economic viability" was the most important criterion, followed by "suitable risk allocation," "sound financial packages," "promising investment environment," and "dependable concessionaire" in that order. The perceptions between the sectors are likewise found to be mixed. In Bangladesh, key parties must be engaged and consensus must be reached over this finding

International Journal of Advance Research and InnovationVol. 12(4)
Bangladesh Open University (BD)
Partnerships for the goals
Openalex Percentile: Top 57%
Public-Private Partnership Projects
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