Randomized trial appraises housing delivery effectiveness in South-East Nigeria, indicating poor PPP utilization.
Public-Private Partnership (PPP) has been globally recognized as a better option to addressing infrastructure and housing need. This paper therefore appraises various PPP Models in other to ascertain its effectiveness for a sustainable housing delivery in South-East. A survey design was adopted for this work and information gathered through interviews and questionnaires distributed to Real Estate Developers and South-East Housing Development Cooperation were analyzed using SPSS version 28. The result shows that only 31% of housing projects were successfully completed using PPP Models while 69% were either public or private built. This shows a poor utilization of PPP Models in housing delivery. It also shows the percentage of prevalent PPP Models in the following order; Build-Own-Operate (BOO) model (49.4%), Build-Own-Operate-Transfer (BOOT) model (43.6%), Build Lease Transfer (BLT) model (30.8%), and Hybrid models (6.1%) in that order. It is expected that in all PPP arrangements, there is need for adequate sanction for any form of defaulting in any agreement. Also, a quarterly progress report is needed for early adjustment or renegotiations where necessary.
No takes yet. Share an insight, caveat, or question.
Obinwa et al. (2024) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: