Comparative Analysis of the Success Criteria for Public–Private Partnership Projects in Ghana and Hong Kong

Abstract

The criteria for measuring the success of public–private partnership (PPP) projects have become very topical because of the global interest in PPP project success. This article empirically investigates the differences and similarities of PPP project success criteria in developing and developed economies, represented by Ghana and Hong Kong, respectively. Results reveal profitability, meeting output specifications, and adherence to budget as the top three success criteria in Ghana, whereas adherence to budget, adherence to time, and effective risk management are considered more important in Hong Kong. The findings inform practitioners of the success measures considered in PPP in developing and developed countries.

Keywords

public–private partnerships success criteria project success Ghana Hong Kong developing economy developed economy

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