Analysis and Countermeasures of PPP Project Implementation Difficulties

Xu, Yan; Chang, Wei Pin

doi:10.1051/matecconf/201710005039

Cited by 2 publications

(2 citation statements)

References 7 publications

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“…A number of papers present a comprehensive approach to the mechanism of organization, management, and financing of PPP projects by both the public and the private sector (Yescombe and Farquharson 2018;Gatti 2018). The sectoral and regional features of the PPP mechanism have been noted (Agarchand and Laishram 2017;Romero 2015;Chotia and Rao 2018;Asubonteng 2011;Xu and Chang 2016;Singapore Ministry of Finance 2012).…”

Section: Ppp Mechanism and Its Place In The Development Of Digital In...mentioning

confidence: 99%

“…The reason for employing the PPP mechanism is the lack or insufficiency of funds of the government for infrastructure spending on the one hand, and its obligation to society to build and provide infrastructure on the other. The use of the PPP mechanism reduces the burden on short-term government spending and to some extent improves the efficiency and quality of public services (Xu and Chang 2016). Some scientists note that for successful implementation of PPP projects, it is necessary to create a favorable investment environment and provide state support for the PPP management strategy for the future (Sani et al 2018).…”

Section: Ppp Mechanism and Its Place In The Development Of Digital In...mentioning

confidence: 99%

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Digital Transformation of Public-Private Partnership Tools

Толстолесова

Glukhikh

Yumanova

et al. 2021

JRFM

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The need for modern infrastructure as a prerequisite for sustainable development, poverty alleviation, and improvement of the quality of life of the population is a global problem that requires searching for and attracting large amounts of long-term investments. The presence of this problem in recent decades has led to the increasing implementation of complex and costly infrastructure projects through the public-private partnership (PPP) mechanism with high potential for attracting investment. This mechanism, in conditions of limited financial opportunities, allows one to combine the financial resources of the public and private parties for the implementation of major infrastructure projects. The limited use of existing tools at different stages of PPP projects and the increasing need for additional resources make it necessary to consider the possibility of using digital tools that complement traditional ones. For this purpose, the authors analyze existing financing tools, revealing their advantages and disadvantages, and identify and justify the possibility of using digital tools in the implementation of PPP projects. However, digitalization includes not only financing tools but also the development of infrastructure, including digital platforms needed to conduct such operations in the digital environment. As a result, a combined financing toolkit can be formed for each phase of project realization, including traditional and digital tools. The results of this study will become a basis for revealing the directions of the digital transformation of the PPP mechanism.

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Section: Ppp Mechanism and Its Place In The Development Of Digital In...mentioning

confidence: 99%

Section: Ppp Mechanism and Its Place In The Development Of Digital In...mentioning

confidence: 99%

Digital Transformation of Public-Private Partnership Tools

Толстолесова

Glukhikh

Yumanova

et al. 2021

JRFM

View full text Add to dashboard Cite

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Systems Engineering Methodology for Designing Digital Public–Private Partnership Platforms

Glukhikh

Tolstolesova

Arzikulov

2021

ASI

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The modern approach to realization of large, expensive projects with long payback periods in various sectors of infrastructure often involves combining the financial resources of public authorities and the private sector through a public–private partnership (PPP) mechanism. The PPP mechanism has a high potential for attracting investments and facilitating other conditions necessary for the project. At the same time, the project participants need a third-party coordination platform that is objective and able to organize their dialog on equal terms. The authors of this article, for these purposes, consider the capabilities of digital platforms (DP). Digital platforms are able to unite many project participants in a single information field and provide them with the necessary services. Given the potential multitude of participants in such a system, there arises the question of meeting their basic needs to create mutually beneficial conditions during the implementation of projects. Thus, there is a need for flexible DPs. Flexibility can be achieved by using systems engineering (SE) approaches during the design of the DP. The practice of interaction with stakeholders in the framework of systems engineering allows the determination of the basic needs and areas of activity of the participants. The results of this practice will form the basis for the functional and physical design of the future DPs.

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Analysis and Countermeasures of PPP Project Implementation Difficulties

Cited by 2 publications

References 7 publications

Digital Transformation of Public-Private Partnership Tools

Digital Transformation of Public-Private Partnership Tools

Systems Engineering Methodology for Designing Digital Public–Private Partnership Platforms

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