Critical Success Factors for Public Private Partnership: Evidence from Metropolitan, Municipal and District Assemblies in the Central Region, Ghana

Abstract

The purpose of the study was to examine perception on critical success factors for Public Private Partnership, evidence from Metropolitan, Municipal and District Assemblies in the Central Region of Ghana. The study examined financial and non-financial factors considered in PPP implementation. The study used a cross-sectional descriptive research design. The study employed quantitative approach and data collection was done using questionnaires. A total of 186 respondents out of a population of 352 were selected using simple random sampling technique. Analyses of the data were done using both descriptive and inferential analyses. The study revealed that the financial factors of PPP project implementation were economic, funding and budgeting factors, and that of the non-financial factors were good governance and social support factors. The study finally revealed that economic and political factors in terms of cost fluctuation and delay in giving permit and licenses respectively had negative implication on investment. On the other hand, economic, political and technological factors in terms of cost fluctuation, delay in giving permit and licenses and reliance on outmoded technology respectively had a positive implication on cost. From the study, MMDAs must pay particular attention to public safety and health in PPP project implementation as well as factoring cost fluctuations into their budget since these affects both investment and cost. MMDAs must upgrade themselves in order to take advantage of modern technology.