FORMULATION OF THEORETICAL FRAMEWORK OF FACTORS AFFECTING THE SUCCESS OF PUBLIC-PRIVATE PARTNERSHIP PROJECTS

Abstract

Projects related with Public-Private Partnership (PPP) in UAE has been accelerated over the years and it faces number of associated challenges as PPP in UAE has not yet matured enough. There are a lots of researches need to be conducted to overcome the challenges. It requires a framework which provide a concrete guide to all stakeholders in the PPP projects. Hence this paper is intended to address factors or parties that affecting the success of PPP project in the context of UAE. It gives an overview of infrastructure development that needs public-private partnership approach. Previous researchers had identified the success factors to PPP projects but these factors are subjected to moderating effect of the government environment especially its governance, transperancy and trustworthy in implementing the PPP projects. Based on the available literature, this paper presented a propsed theoretical framewok for PPP project in the context of UAE. This framework may benefits in overcoming challenges that are associated with the formulation of PPP. Further evaluation of the framework would be beneficial for both public and private sector.