Factors contributing to the success of public-private partnership projects

Since the evolution of PPP, few countries have succeeded in procuring many projects, whereas many others have seen little progress. Also, in the last decade, there have been several reported failed and distress PPP projects globally. Therefore, it is crucial that the best ways and practices of PPP are continuously monitored and evaluated to inform future project implementation. However, in exploring the success factors or best practices of PPP, there is a need to look at it from a cross cultural perspective rather than from a specific country/region viewpoint. In this regard, this chapter explores and discusses the success factors required for the effective implementation of PPP projects from two diverse economic regions (i.e. developing and developed economies) based on empirical data. Ghana and Hong Kong are used as representatives for developing and developed economies respectively.