Center for Ethics and Sustainable Development seeks to increase understanding, effective implementation and sustainability of PPP and PPIP development policies, programs and projects by providing intellectual leadership, advisory and analytical services to the infrastructural development community.
This edition is a review of McKinsey report, on an international current study on PPP that incorporates a (Rail plus Property development) R+P business model
What can Lagos state and Nigeria learn from Hong Kong’s approach to public transit?
Lagos state and Nigeria as a whole have infrastructural deficit that requires innovative approaches to resolve. One of such is learning from relevant success stories and in this case, from Hong Kong’s public transit development. What does Lagos have in common with Hong Kong for her to learn from her approach to expanding and building public transit? Nigeria’s land area is bigger than that of Hong Kong. Lagos has population bulge like Hong Kong. But Lagos is more densely populated. Both Hong Kong and Lagos have infrastructure deficit and are using Public-Private Partnership (PPP) model of procurement.
|Land area||1, 104 sq km||999.6 km|
|GDP per capital||$52,700||$2,800|
|Life expectancy/ potential return on investment in human capital||82.78||52.62.|
(Source- World fact, 2015)
Lessons for PPP or PPIP practitioners
In conclusion, Hong Kong with a larger land area but less population than Nigeria has made infrastructure provision an avenue for harnessing financial and social benefits. PPIP has the potential of delivering immense social benefits. Incorporating a contextualized form of the R + Development model will significantly increase these benefits. Policy makers at the state and federal level should consider this method of infrastructure development. This is essential for sustainable development in Nigeria as it is not just a partnership that caters to the interest of the private sector and the public sector but also to the concerns and needs of all stakeholders including men, women, and the sick and other vulnerable groups.
References- Lincoln Leong, (2016) “An international current study on PPP that incorporates a (Rail plus Property development) R+P business model”. McKinsey Report.