What are the main challenges in implementing PPP projects?
The main challenges include regulatory issues, financing difficulties, and stakeholder alignment.
Can you elaborate on the regulatory issues?
Regulatory issues often involve complex legal frameworks that can delay project approvals and increase costs.
How do financing difficulties impact PPP projects?
Financing difficulties can lead to project delays, increased interest rates, and sometimes the inability to secure necessary funds.
What strategies can be used to overcome these challenges?
Strategies include improving stakeholder communication, ensuring transparent processes, and securing government support.
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