Abstract
Sustainability is a global issue and its enhancement through modern forms of procurements, such as public-private partnership (PPP), has become topical considering the huge impact of PPP activities on society, the economy, and the environment. However, one way of promoting sustainability thorough PPPs is the adoption of social responsibility (SR) initiatives/factors. This paper aims to empirically investigate the SR factors in PPPs through a comparative study between China and Ghana. An empirical questionnaire survey was conducted in both China and Ghana. Further, the mean score ranking, Kendall’s coefficient of concordance, and Mann-Whitney U test were used for data analysis. Results show that SR factors related to the economic efficiency of PPP projects and climate change adaptation are critical in China, whereas in Ghana, SR factors directly related to job creation and environmental protection are critical. The outputs of this study inform investors of the critical SR initiatives to consider when engaging in PPPs in Asia and Africa. In addition, they provide a solid knowledge base for the continuous international debate on how sustainability could be enhanced through PPP policy.
Highlights
The concept of public-private partnership (PPP) has continuously evolved over the past couple of decades and it is argued to have considerable advantages over the traditional bid build method [1,2]
This paper evaluated social responsibility (SR) factors for sustainable development in PPPs through a comparative study between China and Ghana
This result implies that the Ghanaian respondents considered most of the SR factors as being very relevant within the Ghanaian PPP market
Summary
The concept of public-private partnership (PPP) has continuously evolved over the past couple of decades and it is argued to have considerable advantages over the traditional bid build method [1,2]. A report by the World Bank [4] indicated that in 2016, around 242 PPP projects accounting for US$71.5 billion were initiated in emerging markets and developing economies. Of these investments, the Latin America and Caribbean region, driven by Brazil, had the highest share of the investments. Other regions with an increase in PPP investments included East Asia and Pacific, and South Asia. These outcomes clearly show the growing interest by many governments, those in developing countries, in the PPP concept
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