The Extent to which Public Private Partnerships Enhances Good Performance of an Entity

Abstract

Purpose: The purpose of the study was to establish the effectiveness of public-private partnerships (PPP) in enhancing the performance of an entity, challenges faced in implementing PPP, and the extent to which the resources support through PPP affect performance in road services delivery. Design/Methodology/Approach: A desktop approach was used. The study made use of secondary data. Findings: The study established that factors that influenced companies to adopt PPPs were, the need for financial resources, infrastructure development, improving efficiency, reducing poverty, and fueling economic growth. Practical Implications: The study concludes that contract renegotiation, performance enforcement, political acceptability, lack of sound regulatory framework was some of the challenges prevailing. The study offers six policy recommendations to improve the performance of SEPs in Zimbabwe. Originality/Value: It considers the fact that PPP reduces pressure on government budgets due to the use of private financing for infrastructure and provides better value for money in public infrastructure provision.