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Public Private Partnership (PPP) as a Mechanism to Improve the Infrastructure Needs of Countries

Public Private Partnership (PPP) as a Mechanism to Improve the Infrastructure Needs of Countries

Hakan Yurdakul, Rifat Kamasak
ISBN13: 9781799849780|ISBN10: 1799849783|ISBN13 Softcover: 9781799864578|EISBN13: 9781799849797
DOI: 10.4018/978-1-7998-4978-0.ch012
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MLA

Yurdakul, Hakan, and Rifat Kamasak. "Public Private Partnership (PPP) as a Mechanism to Improve the Infrastructure Needs of Countries." Handbook of Research on Global Challenges for Improving Public Services and Government Operations, edited by Cenay Babaoğlu, et al., IGI Global, 2021, pp. 222-241. https://doi.org/10.4018/978-1-7998-4978-0.ch012

APA

Yurdakul, H. & Kamasak, R. (2021). Public Private Partnership (PPP) as a Mechanism to Improve the Infrastructure Needs of Countries. In C. Babaoğlu, E. Akman, & O. Kulaç (Eds.), Handbook of Research on Global Challenges for Improving Public Services and Government Operations (pp. 222-241). IGI Global. https://doi.org/10.4018/978-1-7998-4978-0.ch012

Chicago

Yurdakul, Hakan, and Rifat Kamasak. "Public Private Partnership (PPP) as a Mechanism to Improve the Infrastructure Needs of Countries." In Handbook of Research on Global Challenges for Improving Public Services and Government Operations, edited by Cenay Babaoğlu, Elvettin Akman, and Onur Kulaç, 222-241. Hershey, PA: IGI Global, 2021. https://doi.org/10.4018/978-1-7998-4978-0.ch012

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Abstract

The public-private partnership (PPP) model has been increasingly popular in recent decades as a mechanism to support infrastructure related investment activity. PPPs creates many advantages for countries such as releasing from financial burden of high cost infrastructure investments, bringing high quality of public service and increasing efficiency of operations through transfer of private sector expertise. However, these benefits are not guaranteed for every PPP project since successful implementations are subject to several factors. This chapter aims to review the different aspects of PPPs in detail and examine the factors which play crucial roles for successful PPP implementation.

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