Exploring influencing factors for private sector participation in PPP power projects: case of Ghana

Augustine Senanu Komla Kukah, De Graft Owusu-Manu, Edward Badu, David John Edwards

Research output: Contribution to journalArticlepeer-review

8 Citations (Scopus)

Abstract

Purpose: Demand for private investment in infrastructure, notably in the power sector remains high, and this is anticipated to expand with the passage of time. Very little research currently exists on the power sector and specifically the private sector influencing factors (PSIFs) for entering into public–private partnerships (PPPs). The purpose of this study is to explore influencing factors for private sector participation in PPP power projects in Ghana. Design/methodology/approach: Using purposive and snowball sampling techniques, questionnaires were used to gather responses from experts in the PPP power sector domain in a two-round Delphi survey. Reliability analysis was conducted using Cronbach’s alpha coefficient and level of agreement tested using Kendall’s concordance. Mean score ranking, analysis of variance (ANOVA) and Chi-square test were the main analysis conducted on the influencing factors. Findings: The most significant PSIFs were: obtaining of investment support; improvement in private sector’s international image; synergy with public sector; sharing of risks; and gaining of profits. From ANOVA results, all the influencing factors had no significant different perception between the number of years in PPP practice and the motivations for the private sector entering into PPP power projects. Using Chi-square, the association between the variables indicated they were statistically significant. Practical implications: The findings in this study are significant for multinational power generation firms that seek to enter the Ghanaian energy sector to help fill the generation gap and deficit. Originality/value: The output of this research contributes to the checklist of influencing factors for private sector participation in PPP power projects and enhances the development of PPP practice.

Original languageEnglish
Pages (from-to)310-324
Number of pages15
JournalJournal of Facilities Management
Volume22
Issue number2
DOIs
Publication statusPublished - 14 Mar 2024

Keywords

  • Ghana
  • Influencing factors
  • PPP
  • Participation
  • Power projects
  • Private sector

ASJC Scopus subject areas

  • Business and International Management
  • Strategy and Management
  • Management of Technology and Innovation

Fingerprint

Dive into the research topics of 'Exploring influencing factors for private sector participation in PPP power projects: case of Ghana'. Together they form a unique fingerprint.

Cite this