PROJECT FINANCING: CHALLENGES AND THE WAY FORWARD.
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
Project transport represents a dominant force in the transport industry in developing countries. It therefore stimulates growth and development. However, traditionally projects provision in developing countries has been the responsibility of government and the huge budget constraints over the years has made governments unable to effectively fund project infrastructural provision. This problem calls for paradigm shift in the provision of project infrastructure in Nigeria. Consequently, the study was articulated with the aim of exploring innovative ways of financing urban project projects in Nigeria. A quantitative enquiry to the study was adopted and subsequently, close-ended questionnaire was utilised in eliciting response from the major stakeholders in the project construction industry. The data was subjected to analysis using descriptive and inferential statistics. Based on the overall rankings the findings revealed that Construction management and Public private partnership are the modern or innovative project financing options frequently used in urban project projects. Accessible financing, Cost effectiveness, Improved quality of services among others are the drivers that somewhat push innovative project financing. The barriers identified to be significant were Contractual complexity, Unfavourable economic and commercial conditions, Corruption issues all having mean values greater than 3.50. Throughout the study it became apparent that most innovative financing projects in other infrastructure projects were awarded not on competitive basis. It is therefore recommended that innovative financing of urban projects be awarded on competitive basis to ensure value for money. Public engagement is necessary, especially with the affected communities. The study explores a relatively new area and consequently serves as the basis to spur future research.
Related Project Materials
PERCEPTION OF FARMERS IN RURAL NORTH-EASTERN NIGERIA ON A NEWLY INTRODUCED SUSTAINABLE AGRICULTURE TECHNIQUE
ABSTRACT
The world is at the verge of having a global crisis, with environmental degradation and malnourishment being two points of focus...
THE ROLE OF PLANNING AND FORECASTING IN BUSINESS ORGANIZATION (A CASE STUDY OF EASTERN SHOP NIGERIA LIMITED OGUI ENUGU, ENUGU STATE)
ABSTRACT
The role of planning and forecasting the business organization is a topic chosen from the business administrati...
IMPACTS OF USING ETHNOMATHEMATICS IN TEACHING ON PERFORMANCE AND RETENTION IN MATHEMATICS AMONG PRIMARY III PUPILS,LERE EDUCATION DISTRICT, KADUNA, NIGERIA
ABSTRACT
This study investigated the impacts of using ethnomathematics in teaching on performance and retention in mathematics among prim...
MODERN OFFICE TECHNOLOGIES AND CHALLENGES FACING SECRETARIES IN EDO NORTH SECRETARIES
Abstract
For decades now, fast changes have been taking place in all facets of human life including the office environm...
AN ASSESSMENT OF ECONOMIC VARIATIONS AND ITS EFFECTS ON REAL PROPERTY MANAGEMENT IN NIGERIA
BACKGROUND OF STUDY
The Nigerian civil war, which lasted from 1967 to 1970, disrupted many areas of the economy....
AUTOMATED DATA ANALYSIS OF LABORATORY TEST RESULTS AND ITS SCIENTIFIC IMPORTANCE
ABSTRACT
This research work is concerned with the analysis of laboratory test results and its scien...
EFFECT OF DISTRIBUTION STRATEGIES ON CONSUMER BUYING BEHAVIOUR
Background of the <...
DENTAL FLUOROSIS IN A RURAL NIGERIAN COMMUNITY: IS THE WATER TO BLAME?
ABSTRACT
Drinking water can contain fluoride which is effective in preventing dental caries at concentration of ≤1.5 mg/L however at c...
DESIGN AND IMPLEMENTATION OF COMPUTER SECURITY: DATA ENCRYPTION, DECRYPTION AND KEY HASH ALGORITHMS
STATEMENT OF THE PROBLEM
The problem is security. The password method used in almost all commercial ope...
EFFECTS OF PROBLEM-SOLVING AND COOPERATIVE TEACHING METHODS ON ACADEMIC PERFORMANCE OF SECONDARY SCHOOL STUDENTS IN FINANCIAL ACCOUNTING IN KADUNA STATE, NIGERIA
ABSTRACT
This study investigated the effects of problem-solving and co-operative teaching methods on academic performance of secondary sc...
