• AN EVALUATION OF THE CAUSES OF ABANDONED PUBLIC DEVELOPMENT PROJECTS


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    • ABSRACT - [ Total Page(s): 1 ]Abandonment of development projects (ACP) is considered one of the most common and serious problems plaguing the Abuja development industry given the number and the value of the projects involved. It affects not only the immediate purchasers but also other project players and the general public. Sometimes it also involves expending public fund to revive abandoned projects. Yet, research is scarce on this issue; hence this research was conducted to investigate  the  problems.  Firstly  the  issues  surrounding  the  problem  and existing literature on the causes of ACP are reviewed. Th ... Continue Reading

         

      CHAPTER ONE - [ Total Page(s): 2 ]The abandonment of development projects is not unique to Nigeria as it is also present in other countries, e.g. United States (Hicks 2008), Spain (Carrero et al. 2009), Dubai, Abu Dhabi, Saudi Arabia, Qatar, Bahrain, Kuwait, and Russia (SPIEGEL 2009). However, in ABUJA this problem has been plaguing long enough at a scale that deserves more attention. In 2000, there were 514 abandoned housing projects in Abuja with an estimated value of RM 7.5 billion (see Table 1.1). Even though the number has been gradually decreasing, it is reported that in September 2012 there are still a ... Continue Reading