VIABILITY OF PUBLIC-PRIVATE PARTNERSHIPS IN KENYA
A COST- BENEFIT ANALYSIS OF THE NAIROBI EXPRESS-WAY
Abstract
The purpose of this study was to establish the viability of public-private partnerships in Kenya: a case of Nairobi express-way cost-benefit analysis. Specifically, the study examines the costs and benefit analysis of the Nairobi Expressway Public private partnership project to the government, costs and benefit analysis of the Nairobi Expressway Public private partnership project to the users and assessing how risk distribution among stakeholders affect the Nairobi expressway Public private partnership project. The theoretical basis for this study is resource dependency theory. Descriptive research methods, including the use of visual aids to clarify the data distribution was used to collect and evaluate event data in this study. This research investigated a target population of 1200 persons. The study used a sample size of 120 people. Semi structured questionnaires were used to collect. The Cronbach's alpha procedures were used to assess the instruments' reliability. The reliability of a research instrument was judged according to whether or not the coefficient is 0.70 or higher. A larger absolute value indicates greater consistency across the spectrum. The researcher's supervisor will do a thorough assessment of the tool. Descriptive statistics was used to analyses quantitative data is made easier with the help of SPSS. Frequency tables, bar graphs, and pie charts were used to illustrate the results. In order to safeguard the rights and confidentiality of the participants, the study will publicly address ethical concerns. The researcher asked for written consent by respondents. The significance, goals, length, voluntary nature, at will withdrawal, privacy and confidentiality protections, and point of contact for queries and concerns will all be explained to the participants. The study findings revealed that cost benefit analysis to government had positive significant effect on changes in viability of public private partnerships in Kenya. The findings also indicated that cost benefit analysis to users have positive effect in changes in viability of public private partnerships in Kenya. Again, the result indicates that Risk distribution among stakeholders had a positive effect on changes in viability of public private partnerships in Kenya.
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