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The Role of the Public-Private Partnership (PPP) in Achieving the Optimal Economic and Social Benefits Through the Port Sector

Author

Listed:
  • Faisal Amur Said Hamed Al Habsi

    (Department of Post-Graduation Studies, Middle East College, Muscat, Oman)

  • Asad Ullah

    (Assistant Professor, Department of Management studies, Middle East College, Muscat, Oman)

Abstract

PPP model is very essential for the success of any partnership between the public and private sector. In this review the types of the PPP models will be analysed, evaluated and proper models will be highlighted. The literature will provide sufficient information about the PPP in one of the developing countries and will also highlight on the work that has been done previously and make proper evaluation of the current situation. This paper presents a theoretical and critical review of the past studies in the PPP program, along with a revision of the outcome and conclusion. The findings of the study suggest that implementation and use of PPP has a significant economic impact on the port sector as it leads to the creation of jobs, can mobilize more financing techniques for infrastructure and multi payment options. The PPP focus more into the efficiency gains, rather than focusing on the expansion of the infrastructure which achieve the best value for money for the government and prevent overspending.

Suggested Citation

  • Faisal Amur Said Hamed Al Habsi & Asad Ullah, 2022. "The Role of the Public-Private Partnership (PPP) in Achieving the Optimal Economic and Social Benefits Through the Port Sector," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 8(5), pages 57-65, July.
    • Handle: RePEc:mgs:ijmsba:v:8:y:2022:i:5:p:57-65
    DOI: 10.18775/ijmsba.1849-5664-5419.2014.85.1005
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    More about this item

    Keywords

    PPP (Public Private Partnership); Economy; Social Benefits; Sea Ports; Government;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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