DRIVERS OF PUBLIC PRIVATE PARTNERSHIP STRATEGY AND THEIR INFLUENCE ON CAPITAL PROJECT DELIVERY

Abstract

Owing to the failure of administrative approaches used in managing government resources, public-private partnership strategy, amongst other initiatives was introduced, as a new public management theory for the management of public infrastructure. This paper focused on public-private partnership (PPP) strategy in Nigeria with regards to drivers of effective partnerships and their influence on some organizations. In investigating how effective the strategy has been, the research questions cover how some PPP drivers namely partner’s responsibility, managerial competence, organizational structure, transparency, the capacity of the project, and legal environment has determined the success of the managed public infrastructure from stakeholder’s perspectives. Organizations used were Garki Hospital, Bus Rapid Transit, and Benin Electricity Distribution Company. A total of five hundred and eighty-one (581) sample respondents were selected with the use cross-sectional method. A validated questionnaire was used to collect data that were analyzed with the use of the Multiple Regression technique. Findings showed that all the drivers have a positive contribution to capital project delivery, but at different degrees of influence. Further analysis shows that partners’ legal institutional framework constitutes the first, followed by the capacity of the project in terms of profit-making and stakeholder’s responsibility constitutes the third and fourth respectively. Based on the findings, it was concluded that all the factors have contributed positively to the prediction of capital project delivery are drivers of PPP success. Thus, in an environment like Nigeria the legal requirements in PPPs, transparency of roles, partner’s responsibility, and managerial competence are major facilitators that have to be considered.