Factors Affecting the Consideration of Public-Private Partnerships (PPPs) for Smart City Projects in Indore City

International Journal of Civil Engineering

© 2024 by SSRG - IJCE Journal

Volume 11 Issue 5

Year of Publication : 2024

Authors : Pranav Lende, Swati Ambadkar

10.14445/23488352/IJCE-V11I5P114

How to Cite?

Pranav Lende, Swati Ambadkar, "Factors Affecting the Consideration of Public-Private Partnerships (PPPs) for Smart City Projects in Indore City," SSRG International Journal of Civil Engineering, vol. 11,  no. 5, pp. 138-147, 2024. Crossref, https://doi.org/10.14445/23488352/IJCE-V11I5P114

Abstract:

This paper provides an in-depth analysis of Public-Private Partnerships (PPPs) in the context of urban development in Indore city, with a focus on initiatives undertaken under the Smart City scheme. It explores the conceptual framework of PPPs, elucidating governance structures, risk allocation mechanisms, and contractual arrangements crucial for effective collaboration between the public and private sectors. The rationale for PPPs in Indore's smart city initiatives, encompassing access to resources, risk mitigation, innovation, efficiency, and public accountability, underscores their significance in urban development. The paper examines the existing PPP projects implemented under the Smart City scheme in Indore, highlighting key achievements, challenges encountered, and lessons learned. It also discusses proposed PPP projects and future recommendations for enhancing urban infrastructure, service delivery, and quality of life for residents. The analysis encompasses diverse PPP models and structures, including Build-Operate-Transfer (BOT), Design-Build-Operate (DBO), Concession Agreements, and Service Contracts tailored to the specific needs and characteristics of Indore's smart city projects. Furthermore, the paper addresses indexing, providing a comprehensive overview of the literature on PPPs in Indore City and related urban development initiatives. By synthesizing existing knowledge and offering insights into future research directions, this paper contributes to the understanding of PPPs in urban development. It provides practical recommendations for policymakers, urban planners, and stakeholders involved in Indore's smart city transformation.

Keywords:

Smart city Indore, Public-Private Partnerships (PPP), Smart cities mission, Urban development.

References:

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