Evaluating barriers inhibiting investors participation in Public-Private Partnership project bidding process using structural equation model

Ojelabi, Rapheal A. and Oyeyipo, Opeyemi and Afolabi, A.O. and Omuh, I. O. (2020) Evaluating barriers inhibiting investors participation in Public-Private Partnership project bidding process using structural equation model. INTERNATIONAL JOURNAL OF CONSTRUCTION MANAGEMENT. pp. 1-11.

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Abstract

The study investigates the critical barriers restraining private investors from participating in the PPP con�struction project bidding process. Hence, three key potential inhibiting factors, which include political constraints, public sector poor PPP capacity, and undefined project scope, were investigated. Therefore, the study adopted a quantitative research technique through a questionnaire survey to obtain data from 384 PPP practitioners sample representative in Lagos and Abuja, Nigeria. The survey recorded 274 responses, and SmartPLS (v.3.2.3) was used for the data analysis. The study developed a conceptual model to formulate hypotheses which were validated with Smart PLS3. Findings from the study indicated that the three key factors have a significant effect on the private investor’s decision not to participate in the PPP bidding process. The findings from this study can help the government understand how to attract investors under her PPP arrangement. The study is unique based on the research idea and approach

Item Type:	Article
Uncontrolled Keywords:	Public-Private partnership; structural equation model; construction indus�try; Nigeria
Subjects:	T Technology > T Technology (General) T Technology > TH Building construction
Divisions:	Faculty of Engineering, Science and Mathematics > School of Engineering Sciences
Depositing User:	Mrs Hannah Akinwumi
Date Deposited:	28 May 2021 15:26
Last Modified:	28 May 2021 15:26
URI:	http://eprints.covenantuniversity.edu.ng/id/eprint/14307

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