Factors contributing to successful public private partnership projects

By E. Cheung, Albert P. C. Chan, S. Kajewski. 2012

222 citations recorded by the source corpus.

Purpose – With the increasing interest in public private partnership (PPP), there is a need to investigate the factors contributing to successful delivery of PPP projects. The purpose of this paper is to analyze the perceptions of respondents from Hong Kong, Australia and the UK on the importance of 18 such factors.Design/methodology/approach – An empirical questionnaire survey was conducted in Hong Kong and Australia. The survey respondents were asked to rate 18 factors which contribute to delivering successful PPP projects.Findings – The findings from this survey were further compared with the results achieved by a previous researcher in a similar survey conducted in the UK. The comparison showed that amongst the top five success factors ranked by Hong Kong respondents, three were also ranked highly by the Australians and British. These success factors included: “Commitment and responsibility of public and private sectors”; “Strong and good private consortium”; and “Appropriate risk allocation and risk ...

Subfields: Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/e97ea879524e3cbbc828bdefcb36072a1c33d550

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Finance

1. Jicai Liu
2. Albert P. C. Chan
3. C. Y. Cheah
4. Luiz E. Brandão
5. Eduardo C. G. Saraiva

In Strategy and Management

1. Jicai Liu
2. E. Ameyaw
3. R. Osei–Kyei
4. Arshad Javed
5. Ruolan Gao
6. Jian Luo
7. C. Y. Cheah
8. Albert P. C. Chan

Citations in the corpus

• Incentive mechanism for inhibiting investors' opportunistic behavior in PPP projects (2016, background): “…to use the expertise and funds from the private sectors to reduce their infrastructure deficits; in this regard, researchers around the world are trying to explore the implementation and operation of PPP (Chan et al., 2010; Cheung et al., 2012; Grimsey and Lewis, 2002; Osei-Kyei and Chan, 2015).”
• Critical success criteria for public-private partnership projects: international experts’ opinion (2017, background): “Critical factors including good feasibility studies, competitive procurement process, transparent PPP process, strong private consortium, open and constant communication among stakeholders, selecting the right project and technology innovations are some of the ways of meeting this success criterion ”