Episode description
Episode description
Are you interested in public-private partnerships for improved urban futures?
Summary of the article titled Critical success factors for public-private partnerships in urban regeneration projects from 2024 by Paula Vale de Paula, Rui Cunha Marques, and Jorge Manuel Goncalves, published in the MDPI Infrastructures journal.
This is a great preparation to our next interview with Sally Capp in episode 296 talking about the importance of the public-private partnership endeavours for urban futures.
Since we are investigating the future of cities, I thought it would be interesting to see how can this structure enhance regenerative development. This article investigates the critical success factors for public-private partnerships for urban regeneration projects.
Find the article through this link.
Abstract: Public–Private Partnership (PPP) arrangements are used in different sectors in the provision of infrastructure and public services. The use of PPP agreements in urban regeneration projects, although more recent, has been gaining prominence in different contexts. However, in many cases, PPP projects have a controversial implementation, often not achieving the proposed objectives and presenting negative results. Their controversial implementation is the result of a lack of knowledge and lack of application of the best practices and Critical Success Factors (CSFs) associated with them. Based on this, the present study aims to identify and analyze the CSFs for PPP arrangements in urban regeneration projects. The study was conducted in two distinct parts. The first part consists of a literature review on the PPP CSFs in general. The second part consists of the development of a questionnaire seeking to identify the CSFs of PPP arrangements for urban regeneration projects. Based on the literature review and the questionnaire answers, the main success factors of PPP projects for urban regeneration were identified and structured in the framework with five main clusters: two related to the external environment (enabling environment and exogenous factors) and three related to the internal environment (preparation phase, procurement phase, and contract management phase).
Connecting episodes you might be interested in:
No.165 - Interview with Michael Healy about actual projects between public and private No.203R - Too risky – The role of finance as a driver of sustainability transitionsYou can find the transcript through this link.
What wast the most interesting part for you? What questions did arise for you? Let me know on Twitter @WTF4Cities or on the wtf4cities.com website where the shownotes are also available.
I hope this was an interesting episode for you and thanks for tuning in.
Music by Lesfm from Pixabay