MAKING PUBLIC PRIVATE PARTNERSHIPS WORK

Making Public private partnerships work in an Emerging Market context: A case analysis of the Nigerian Infrastructure sector

Table of Content

TABLE OF CONTENT2

CHAPTER NO. 13

INTRODUCTION3

Introduction3

Research Problem & Objectives5

Hypothesis8

AIMS AND OBJECTIVES:9

Personal Objectives9

CHAPTER NO. 210

LITERATURE REVIEW10

Cross-border co-operation: opportunities and challenges10

Cross-border co-operation on the island of Ireland11

Definition of infrastructure development on cross-border basis12

The rationale for a North/South PPP mechanism?12

Issues with adopting PPPs as a suitable mechanism for developing infrastructure13

The current situation with regard to adopting PPP for delivering infrastructure developments in Nigeria17

The current situation with regard to adopting PPP for delivering infrastructure developments in the Nigeria19

Characteristics of Nigeria PPP approach20

Different priorities22

Summary23

Construction sector experience of PPPs in Nigeria and the Nigeria24

Practical arrangements obstructing convergence27

Opportunities for increased co-operation29

The opportunities and challenges posed by adopting a cross-border PPP approach to North/South infrastructure development?30

Synergies30

Integration32

Stability for the construction industry33

The challenges of adopting PPP policy for infrastructure development on an all-island basis34

Political inertia complicated by risk and trust34

Different rules and regulations in each jurisdiction make convergence difficult in practice35

Construction industry differences36

What needs to be done to move the idea forward, i.e. the PPP approach for infrastructure development on an all-island basis?36

Government commitment38

Legislative change39

What informal integration and social interaction at construction industry level would be required to support the policy?40

Conclusion41

REFERENCES43

Chapter No. 1

Introduction

Introduction

Border regions are becoming increasingly scrutinised since the late 1980s (Ratti and Reichman, 1993; Cappellin and Batey, 1993; Eskelinen et al., 1998; Anderson and O'Dowd, 1999; Boekema and Allaert, 1999). With advancing globalisation policies, national borders and the associated border regions seem to derive new meanings and new opportunities (Van Geenhuizen and Ratti, 2001, p. 6). One such opportunity, in the island of Ireland, brought about by the 1998 Good Friday Agreement, has given rise to the establishment of the North South Ministerial Council, and the subsequent formalisation of more co-operative links between the north and south of Ireland. Cross-border co-operation is an emerging European-wide phenomenon. Scott (2000) describes this phenomenon as “transborder regionalism”, and contends that it can be conceptualised as a dual process of formal institutionalisation (Wallace, 1990) and informal integration, social interaction and community building. Through the simultaneous development of top-down “political institutions” (North, 1990) and bottom-up “undirected societal interaction” (Hurrell, 1995), cross-border trade and business development can flourish. In the Nigerian context, institutions such as Intertrade Ireland, which is one of North/South implementation bodies, was set up:

to lead the development of the island economy through distinctive knowledge-based interventions which will produce significant returns in the areas of cross-border trade and business development (www.intertradeireland.com).

A critical success factor of institutions such as Intertrade Ireland is “gaining acceptance as a focal point for binational initiatives, that address specific economic, environmental, social and institutional problems” (Scott, 2000, p. 108). Central to this acceptance is the pursuit of a common agenda, which can deliver clear transparent benefits to both economies. Furthermore, the agenda itself must be supported by policies and mechanisms, which can deliver these benefits. One common agenda item is the provision of appropriate infrastructure, which will ensure sustained economic growth and prosperity for the ...