What is Project Conceptualization

Public-private partnership (PPP) is a contractual arrangement between a public agency and a private sector, whereby the private sector performs a public function in accordance with an output-based specification for a specified period of time in return for a financial benefit. The central problem investigated in this chapter is the challenges in urban housing delivery using the public-private partnership approach, to identify concerns and develop a framework to address them. Adopting a qualitative research strategy and descriptive approach, primary data was collected thru questionnaire administered to selected sample of staff, private partners, and beneficiaries of houses. This research analysed the identified challenges experienced in the urban housing based on the existing literature and theories on PPP. Findings reflect that, despite challenges, there is confirmation that the PPP concept is a catalyst to addressing urban housing delivery by using private investment.