AI in public-private partnership for IT infrastructure development

Abstract

The development of a nation's infrastructure is a defining paradigm. Due to the complexity of putting together and running such programs. For developing countries like India, the Public-Private-Partnership (PPP) model has emerged as one of the best suited ways of project delivery. India's developing economy necessitates efficient and timely project completion at the lowest possible cost. Government involvement and private sector expertise are combined in the PPP concept. Note that highway construction is crucial to the development of other types of infrastructure. However, highway construction is fraught with uncertainty due to factors like land acquisition, traffic management, weather, and more. Maintaining an economy's current rate of growth, high-quality infrastructure is the single most important factor. All modes of transportation fall under this category, from cars and buses to trains and planes, as well as the provision of potable water and agricultural irrigation. However, a lot of money is needed in this industry. Public-private partnerships (PPPs) are being pushed to speed up infrastructure development and meet such needs. Private-public partnerships (PPPs) include both public- and private-sector collaborations. To provide the necessary structure and person capacities, governments that have embarked on PPPs projects have often created new policy, legal, and institutional frameworks. Following the identification of key factors affecting PPP performance, a case study of the Porbandar-Dwarka highway construction project is used to compare and contrast three distinct PPP (BOT-Toll, BOT- Annuity, and HAM) models. Internal Rate of Return and Net Present Value are two key financial indicators that favor HAM over BOT-Toll and BOT-Annuity. Finally, the FIDIC requirements and the financial and legal conditions from the models are combined to suggest a new PPP framework. The particular findings of this study will help policymakers, investors, and planners in Gujarat complete future highway development projects on schedule and under budget.