Open AccessThe Nacala Corridor Railway and Port PPP project Risks identification research
Author(s) -
Elton De Jesus Rock,
Shulian Wu
Publication year - 2020
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.179
H-Index - 26
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/474/4/042001
Subject(s) - port (circuit theory) , business , integrated project delivery , revenue , transport engineering , transportation infrastructure , identification (biology) , finance , private sector , project management , engineering , economic growth , economics , botany , systems engineering , electrical engineering , biology
Recently, Public Private Partnerships (PPP) in Mozambique has demonstrated significant advances in the level of private sector involvement in the delivery of infrastructure such as railways and port assets. It is generally considered that PPP is a mechanism to simplify the delivery of transportation projects, transfer the risks of transportation projects, reduce transportation costs and increase transportation revenue. This paper introduces a framework that identifies the risks associated with PPP arrangements for Railway and Port project delivery in Mozambique, with special attention to the Nacala corridor project. The framework divides risks into four categories: political, economic, socio-cultural, and technical (referred to as PEST), which can help project managers launch PPP projects to identify risks, manage risks, and minimize project risks.