Risks Facing Implementation of PPP in Municipalities in Jordan

International Journal of Economics and Management Studies

© 2020 by SSRG - IJEMS Journal

Volume 7 Issue 4

Year of Publication : 2020

Authors : Dr. Mamoun M. Matalqah

10.14445/23939125/IJEMS-V7I4P114

How to Cite?

Dr. Mamoun M. Matalqah, "Risks Facing Implementation of PPP in Municipalities in Jordan," SSRG International Journal of Economics and Management Studies, vol. 7,  no. 4, pp. 99-104, 2020. Crossref, https://doi.org/10.14445/23939125/IJEMS-V7I4P114

Abstract:

The partnership between Public and the private sector is of great importance to improve the quality of services , the sustainability of projects, and to improve the efficiency of investment, Since the municipalities in Jordan do not have sufficient experience to deal with this type of investment, As well as lack of knowledge of the expected risks from implementing the partnership, and how to manage it, also not knowing what is the optimal method For partnership in the event that investment financing was through the municipality, this study came to shed light on partnership countries experiences and potential risks associated, as well through conducting interviews with some investors from the municipalities Concerned, and representatives from municipalities, Key policy recommendations are: 1) It is important for municipalities to begin identifying key risks, preparing risk map, risk matrix, and considering their potential allocation before partnership tendering process, 2) It is important to invest more time and funds to prepare adequate studies in order to prepare detailed PPP design, before launching the tender, 3) Choosing the strategic partner must be prior to starting with the bidding for design in order for the investor to have a major role in choosing the design for the project.

Keywords:

Public-Private Partnership, Risk Management, Municipality, Project, Jordan.

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