J Res Notes | Volume 3, Issue 2 | Review Article | Open Access
Vitalis Basera
Department of Applied Social Sciences, Manicaland State University of Applied Sciences, Mutare, Zimbabwe
*Correspondance to: Vitalis Basera
Fulltext PDFDue to changing global trends which have put a demand on financial resources in all sectors of world
economies there is need for new models of financing that are thought outside the usual financing
models. Economies are unpredictable investors fear risks but by all means development has to
take place. Leaders of organizations are judged by development milestones. Accommodation for
students is a big challenge in tertiary education world over. Here in Southern Africa this challenge
is even now threatening the higher education system. Infrastructure development financing at
universities is a challenge especially in Zimbabwe as the governments is trying to stabilize the
economy by focusing on other critical areas and a little is allocated to this cause. Private Public
Partnerships (PPP) and Built Operate Transfer (BOT) seem to be the nearest possible solution to
development of infrastructure in universities. Having noted this challenge an internal financing
strategy or model known as Internal Stakeholders Financing is muted. The internal stakeholders
are the students and staff; they are the financiers in this model who can contribute meaningfully
towards the development of their university. This strategy adopts a business empowerment concept
(methodology) for self-sustenance since investments in constructing accommodation facilities at
universities is a perfect investment.
Infrastructure development; Finance; PPP; BOT
Basera V. Infrastructure Development
Model for Students Accommodation:
Internal Stakeholders (Student/Staff)
Financing. J Res Notes. 2020; 3(2):
1022..