Decision‐Support Methodology for Planning and Evaluating Public‐Private Partnerships

Crosslin, Robert L.

doi:10.1061/(asce)0733-9488(1991)117:1(15)

Cited by 13 publications

(5 citation statements)

References 1 publication

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“…Participating in PPP is not only an opportunity for private companies to expand into new markets and to achieve the long-term business prospects (Crosslin, 1991;Hodge and Greve, 2007;Ke et al, 2013;Zhang and Soomro, 2015), but also a challenge to deal with more risks and uncertainties (Nijkamp and Rienstra, 1995;Koppenjan and Enserink, 2009). Therefore, decision making for private companies in getting involved in PPP projects is more complex and important than traditional investment.…”

Section: Introductionmentioning

confidence: 99%

Empirical Analysis of Firms’ Willingness to Participate in Infrastructure PPP Projects

Shi

Chong

et al. 2018

J. Constr. Eng. Manage.

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Private participation is the key element in forming public private partnership (PPP). Numerous studies have identified the factors of private participation in infrastructure projects, but previous results rarely focused on the willingness to participate in infrastructure PPP projects from the private sector's perspective. This research examines the factors of the private participation in PPP when considering willingness to participate as a function of internal (i.e., a firm's nature) and external factors (i.e., institutions, government behavior, and project characteristics). Using the logistic regression model and the data from the questionnaire survey, this research finds that nine variables have a significant coefficient, i.e. profitability, political connection, government intervention, government support, project complexity, and project experience; especially for those companies with more project experiences, political connection and higher profitability are more likely to be willing to participate in PPP projects. In contrast to previous studies, the research finds no support for the effect of institutional environment and public support on firms' willingness to participate in PPP. These findings can serve as a valuable reference in shaping the private sector's motivation to participate in PPP. Factors of private participation in PPP projects are explained and discussed in the context of the Chinese PPP experience and practice.

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Section: Introductionmentioning

confidence: 99%

Empirical Analysis of Firms’ Willingness to Participate in Infrastructure PPP Projects

Shi

Chong

et al. 2018

J. Constr. Eng. Manage.

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“…[28][29][30][31] Certain aspects of the water sector that have signifi cant bearing on the nature of regulation and consequently of contract design are 32,33 ■ long planning horizons and high capital investment needs ■ poor information about extent and condition of underground assets ■ poor information about customer (revenue) base and extent and types of populations not yet served ■ high environmental impact and susceptibility to changes in environmental policies ■ high social profi le as the provider of an essential service.…”

Section: Water Sector Regulationmentioning

confidence: 99%

Pro-poor concessions for sustainable water services

Sohail¹,

Bateman²,

Cotton³

et al. 2006

Proceedings of the Institution of Civil Engineers - Civil Engin

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Most of the billions of people without drinking water or sanitation are very poor. While private-sector companies are becoming increasingly involved with infrastructure provision in developing countries, their contracts for water and sanitation services tend to forget the social aspects of providing services to poor people. As such, public–private partnerships in particularly poor countries are unlikely to be sustainable in the longer term and UN targets for improvements will fail to be met. Based on a four-year research project in Asia, Africa and Latin America, this paper explains how concession contracts need to be more suited to the needs, resources and aspirations of local impoverished communities—in other words, to be more pro-poor.

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“…The success of PPPs has shifted the research investigation from how to run to how to popularize the use of PPP (Cui et al 2018). Because of the decrease in public spending in the provision of infrastructure services, early implementation of PPPs marked the reason for attracting private investment (Crosslin 1991). It has motivated researchers to build financial models and facilitate them to comprehend the financial feasibility and value for money (VFM) of PPPs (Malek & Gundaliya 2020).…”

Section: Introductionmentioning

confidence: 99%

The attractiveness of public-private partnership for road projects in India

Malek¹,

Zala²

2022

10.5267/j.jpm

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The objective of this paper was to have a study on the perceptions of stakeholders of Public-Private Partnership (PPP) projects for factors affecting the attractiveness of road projects in India. A questionnaire survey was conducted among major PPP project participants of Indian PPP road projects. Fifteen attractive factors were shortlisted through a literature survey for designing the questionnaire. Collected data was analyzed with factor analysis and descriptive statistical analysis. The findings resulted in three components: effectiveness of the private sector, effective time and cost management, and the public sector’s economic benefit. Eight factors were identified as highly affecting the attractiveness of PPP in Indian road projects. PPP provides ample diversity of net benefits to both the public and private sectors. During the project development stage, both sectors have to formulate decisions based on appropriate assessment criteria. Therefore, the reflection of attractive factors will assist the public-sector to select PPP in the road sector. It also helps to establish the strategy for road projects using PPP.

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Decision‐Support Methodology for Planning and Evaluating Public‐Private Partnerships

Cited by 13 publications

References 1 publication

Empirical Analysis of Firms’ Willingness to Participate in Infrastructure PPP Projects

Empirical Analysis of Firms’ Willingness to Participate in Infrastructure PPP Projects

Pro-poor concessions for sustainable water services

The attractiveness of public-private partnership for road projects in India

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