| Title | A review of circular economy models and success factors on public-private partnership infrastructure development |
|---|---|
| ID_Doc | 4295 |
| Authors | Akomea-Frimpong, I; Jin, XH; Kyei, RO; Tetteh, PA; Tumpa, RJ; Ofori, JNA; Pariafsai, F |
| Title | A review of circular economy models and success factors on public-private partnership infrastructure development |
| Year | 2024 |
| Published | Built Environment Project And Asset Management, 14, 1 |
| Abstract | Purpose The application of circular economy (CE) has received wide coverage in the built environment, including public-private partnership (PPP) infrastructure projects, in recent times. However, current studies and practical implementation of CE are largely associated with construction demolition, waste and recycling management. Few studies exist on circular models and success factors of public infrastructures developed within the PPP contracts. Thus, the main objective of this article is to identify the models and key success factors associated with CE implementation in PPP infrastructure projects.Design/methodology/approach A systematic review of the literature was undertaken in this study using forty-two (42) peer-reviewed journal articles from Scopus, Web of Science, Google Scholar and PubMed.Findings The results show that environmental factors, sustainable economic growth, effective stakeholder management, sufficient funding, utilization of low-carbon materials, effective supply chain and procurement strategies facilitate the implementation of CE in PPP infrastructure projects. Key CE business models are centered around the extension of project life cycle value, circular inputs and recycling and reuse of projects.Research limitations/implications Although the study presents relevant findings and gaps for further investigations, it has a limited sample size of 42 papers, which is expected to increase as CE gain more prominence in PPP infrastructure management in future.Practical implications The findings are relevant for decision-making by PPP practitioners to attain the social, economic and environmental benefits of transitioning to circular infrastructure management.Originality/value This study contributes to articulating the key models and measures toward sustainable CE in public infrastructure development. |
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