Housing Development for Low-income Earners Inequality and Public Private Partnership Act in Thailand
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Abstract
The burgeoning need for low-income housing in Thailand and the potential of Public-Private Partnerships (PPPs) to address this challenge forms the crux of this study. The primary objective of this study is to analyze the development of housing projects for low-income individuals, particularly those operated as Thai-foreign joint ventures, and to evaluate their efficiency, quality, and socio-economic impact. This research presents significant benefits by providing insights into effective PPP models and contributing to policy recommendations aimed at enhancing low-income housing strategies in Thailand. It also extends to understanding the broader implications of these projects on local economies and communities. The research methodology encompasses a comprehensive review of relevant literature, an analysis of international case studies from Singapore, Japan, America, and England, and expert interviews. This approach ensures a multi-dimensional understanding of PPPs in the housing sector. The results of the study indicate that while PPPs offer a promising avenue for addressing low-income housing needs, challenges persisting in policy implementation, stakeholder engagement, and project sustainability, effective PPPs require a harmonious blend of public oversight, private sector efficiency, and community involvement. In summary, the study recommends a robust policy framework, integration of innovative practices, and active community participation for the success of PPPs in low-income housing. These findings aim to guide policymakers and practitioners in optimizing PPP models for the benefit of Thailand’s low-income populations.