Critical success factor of Public-Private Partnerships PPP for affordable housing provision
Saudi Arabia recently established public-private partnerships (PPPs) to increase the private sector’s involvement in financing and providing affordable housing. However, the successful implementation of the PPP for affordable housing in Makkah necessitates careful consideration of possible barriers. As a result, the purpose of this study is to assess the critical success factor of the PPP and to introduce an housing affordable model for the low-income community. The survey method was used in the study to determine the critical success factors of PPP for affordable housing provision, with participants from both the private and public sectors.
Using a five-point Likert scale, respondents were asked to rate the degree of influence of prospective critical success factors of PPP. The data gathered was analyzed using statistical tools. The study’s findings describe the critical success factors of public-private partnerships for affordable housing and establish the critical success factors of the PPP model for affordable housing in Makkah. As a result, determining the critical success factors and suggesting a way forward for the government to effectively provide affordable housing for low-income groups, has been successful in other parts of countries such as the United Kingdom, Australia, and India, among others.