Sustainability of infrastructure in Egypt between the concept of environmental management and private sector partnership
Keywords:
infrastructure, environmental sustainability, private sector, risks of partnership with the private sectorAbstract
Infrastructure projects are considered one of the pillars of achieving socially, economically, and environmentally sustainable urban development and a major indicator of countries’ progress. According to statistics from the World Bank in 2020, which indicated that the volume of expected investments in infrastructure projects in the next five years until 2025 will reach 9 trillion dollars globally, of which the Middle East accounts for 9.2%, or approximately 830 billion dollars. Due to the high cost of this type of project on the one hand and its importance on the other hand and as a result of the weak ability of governments to finance this type of project, especially the governments of developing countries. This research aims to enhance the concept of sustainable environmental management based on analysing the results during the implementation of infrastructure projects, to achieve environmentally sustainable infrastructure projects, whether in the medium or long term, through the state’s partnership with the private sector (PPPs) as a source of funding for these projects and to ensure the provision of high-quality service and technology. Advanced, low costs and within a framework of transparency.
Given the sensitivity of this type of project due to its direct impact on society and as a result of the complexity of contractual relationships in partnership projects, which may reach eight types of contracts that are connected and active at the same time over the life of the project. The outcomes of the study were an assessment of the potential risks of this type of project at the level of contractual relationships throughout the project life cycle to avoid potential risks and mitigate their impact and avoid failure of this type of project.
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