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Abstract
The aim of this research was to investigate the role of this PPP Act on the private sector’s decision to participate in PPP projects in Zambia. A mixed method design was adopted for this research due to limited information and stakeholders on the ground. 43 industry practioners representing contractors, developers’ financiers and government were identified motivating a mixed method approach in order to obtain more data given a generally lower sample available. 27 questionnaires were obtained. Findings revealed that the PPP Act had not played a significant role to influence private sector decision to participate in PPP projects. The findings from this research unlocks part of the reason why there is little participation by private sector in PPP projects. The research identifies presents areas of focus in amending the Act in order to attract and influence private investment in current critical areas such as energy, higher education and housing among others. The study recommends immediate revision of PPP Act to remove identified barriers which among others include inadequate and unclear governing PPP framework, obstruction by bureaucracy, inappropriate risk sharing mechanisms and absence of protection to the private sector stakeholders.
Disclosure statement
No potential conflict of interest was reported by the authors.