Sustainable Development of Civil and Residential Real Estate Based on the Construction Waste Recycling

Avilova, Irina; Крыгина, Алевтина Михайловна; Krygina, N M; Koshlich, Yuri A.; Oberemok, Marina

doi:10.1088/1757-899x/890/1/012187

Cited by 4 publications

(1 citation statement)

References 17 publications

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“…H avard et al (2007) predicted future waste management by estimating the level of activity in the construction waste industry to determine the relevant specific waste generation factors and by calculating the flow of waste into use and transferred to waste. Avilova et al (2020) evaluated the sustainable development of environmental and economic efficiency of construction waste recycling in civil real estate, and it found that the use of innovative recycling technology and the optimal design and selection of materials were conducive to the construction of real estate recycling resources. Cheng and Ma (2013) believed that the quantitative prediction of waste in developed cities such as Hong Kong was crucial for waste management.…”

Section: Literature Review 21 Recycling Of Construction Wastementioning

confidence: 99%

Risk allocation and benefit distribution of PPP projects for construction waste recycling: a case study of China

Wang

Zhou

Jin

et al. 2022

ECAM

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PurposePublic-private partnership (PPP) projects for construction waste recycling have become the main approach to construction waste treatment in China. Risk sharing and income distribution of PPP projects play a vital role in achieving project success. This paper is aimed at building a practical and effective risk sharing and income distribution model to achieve win–win situation among different stakeholders, thereby providing a systematic framework for governments to promote construction waste recycling.Design/methodology/approachStakeholders of construction waste recycling PPP projects were reclassified according to the stakeholder theory. Best-worst multi–criteria decision-making method and comprehensive fuzzy evaluation method (BWM–FCE) risk assessment model was constructed to optimize the risk assessment of core stakeholders in construction waste recycling PPP projects. Based on the proposed risk evaluation model for construction waste recycling PPP projects, the Shapley value income distribution model was modified in combination with capital investment, contribution and project participation to obtain a more equitable and reasonable income distribution system.FindingsThe income distribution model showed that PPP Project Companies gained more transaction benefits, which proved that PPP Project Companies played an important role in the actual operation of PPP projects. The policy change risk, investment and financing risk and income risk were the most important risks and key factors for project success. Therefore, it is of great significance to strengthen the management of PPP Project Companies, and in the process of PPP implementation, the government should focus on preventing the risk of policy changes, investment and financing risks and income risks.Practical implicationsThe findings from this study have advanced the application methods of risk sharing and income distribution for PPP projects and further improved PPP project-related theories. It helps to promote and rationalize fairness in construction waste recycling PPP projects and to achieve mutual benefits and win–win situation in risk sharing. It has also provided a reference for resource management of construction waste and laid a solid foundation for long-term development of construction waste resources.Originality/valuePPP mode is an effective tool for construction waste recycling. How to allocate risks and distribute benefits has become the most important issue of waste recycling PPP projects, and also the key to project success. The originality of this study resides in its provision of a holistic approach of risk allocation and benefit distribution on construction waste PPP projects in China as a developing country. Accordingly, this study adds its value by promoting resource development of construction waste, extending an innovative risk allocation and benefit distribution method in PPP projects, and providing a valuable reference for policymakers and private investors who are planning to invest in PPP projects in China.

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Section: Literature Review 21 Recycling Of Construction Wastementioning

confidence: 99%