Public private partnership projects in Singapore factors, critical risks and preferred risk allocation from the perspective of contractors /

By Bon-Gang Hwang, Xianbo Zhao. 2013

404 citations recorded by the source corpus.

Abstract Public private partnership (PPP) procurement was introduced into Singapore in 2003, and 10 PPP projects were successfully completed and have been in operation. This study aims to examine the critical success factors as well as the relative importance of positive and negative factors influencing the attractiveness of PPP projects in Singapore, and to identify the critical risk factors and preferred risk allocations for PPP projects in Singapore. The questionnaire survey results indicated that negative factors were more affirmative than the positive factors, and that 23 risk factors had significant criticalities. Eight risks would be preferably allocated to the public sector while 19 risks could be assigned to the private sector. 11 risks were preferred to be shared by both parties and the allocation of four risks depended on project circumstances. The findings of this study provide valuable information for organizations that intend to participate in PPP projects in Singapore.

Subfields: Management Science and Operations Research, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/5097f20f8070f3c7fd09c3f07989b1ede797a4d2

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In Management Science and Operations Research

1. Jui-Sheng Chou
2. Dinar Pramudawardhani

In Strategy and Management

1. Dinar Pramudawardhani
2. Jui-Sheng Chou

Citations in the corpus

• Cross-country comparisons of key drivers, critical success factors and risk allocation for public-private partnership projects (2015, methodology): “Hence, risks should be allocated adequately to parties that can manage them effectively (Hwang et al., 2013).”