Integration between public and private sectors: the role of strategic management in infrastructure and regional development
DOI:
https://doi.org/10.34117/bjdv11n12-014Keywords:
strategic management, public-private partnerships, governance, infrastructure policy, regional development, SEINFRA, Brazil, economic growthAbstract
This paper examines the integration between public and private sectors in infrastructure development, focusing on the strategic role of management practices and Public-Private Partnerships (PPPs) in fostering regional economic growth. Through an analytical study grounded in literature review and institutional case analysis, particularly referencing the experience of Bahia's Infrastructure Secretariat (SEINFRA), the research explores governance models that promote transparency, risk management, and alignment with long-term development goals. Key findings highlight that effective strategic management enhances PPP outcomes by strengthening institutional capacity, stakeholder engagement, and adaptability in contract execution. Challenges remain in harmonizing regulatory requirements and ensuring participatory governance, but adaptive strategic frameworks can mitigate these issues. The study concludes that successful PPP integration requires ongoing investment in strategic management and governance innovation to drive sustainable infrastructure development and impactful regional advancement.
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