ABSTRACT
This chapter aims to critically review the procurement regime in emerging economies and current trends towards private participation in infrastructure procurement and examines the likely impact of such issues on economic development, using Ghana as a case study. It also examines infrastructure and economic development while providing an overview of the concept of procurement. The concept of procurement in the context of construction is broad and covers virtually the entire process of acquisition, procurement planning, process of contractor selection, negotiation of contract terms, contract formation and contract administration. The chapter examines the procurement regime in Ghana, for a critical, in-depth and practical exploration of infrastructure procurement processes in emerging economies. Infrastructure procurement strategies currently in use in Ghana can be classified into three categories, namely the Default Strategies, the Exigency-Driven Strategy, and increasingly a Public-Private Partnership (PPP) strategy. The chapter distils these emerging issues and considers their wider implications in the context of infrastructure delivery across the developing world.
