Identifying and Prioritizing Factors Affecting the Success of Public /Private Participation in Mining Projects

Improvement of the value chain of mining and mineral industries requires a lot of investment. Considering the current condition of the country, this cannot be achieved just by the public budget. One possibly effective approach in financing is the participation of public and private parties is Public-Private Participation (PPP). In order to apply this method to the mining projects, it is necessary to identify factors effective on success through studying and analyzing other countries' experiences and experts' solutions. In this manuscript, in order to identify and prioritize factors effective on PPP success in mining projects, previous researches and papers were studied, success-factors identified and several questionnaires prepared and were given to the experts in order to prioritize them. Then, the results were ranked using Friedman Test. The results of this research showed that through different factors, "defining the appropriate project" has the highest importance on the success of PPPs. Next important ones are payment mechanisms, proper contracts, appropriate political and social environment and legislating new laws, respectively.