Critical Success & Failure Factors for Public Private Partnership Projects in the UAE by Alhashemi, Mohamed Yaqoob

“…They hesitated to finance some of the PPP projects in the UAE and preferred to watch how things are going on with PPP. Banks are always conservative regarding new things and in the same time suspicious about the success of new ideas, and as no sufficient security could be provided to the banks, the private partner did not own the land and the assets, the bank refused to finance the project. …”
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