Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/17054
Title: Identification and allocation of risks associated with PPP water projects in China
Authors: Xu, Y
Yang, Y
Chan, APC 
Yeung, JFY
Cheng, H
Keywords: Public-Private Partnerships
Risk identification
Risk allocation
Water industry
China
Issue Date: 2011
Publisher: Taylor & Francis co-Published with Vilnius Gediminas Technical University
Source: International journal of strategic property management, 2011, v. 15, no. 3, p. 275-294 How to cite?
Journal: International journal of strategic property management 
Abstract: As part of a comprehensive research into PPP implementation, nine case studies were scrutinized to explore the critical risks influencing the success of PPP water projects in China. Eleven critical risks were identified from real-life risk events through the content analysis. They were further analyzed in the aspects of risk origin and their allocation mechanism. It has been found that the government risks are considered as the most critical risks encountered by the Chinese project practitioners. To allocate risk, industrial practitioners should not only take into account of their management capability, but they should also pay more attention to the overall balance of risks and benefits, and risk guarantee through rigorous contract structure. The findings presented here are believed to enable interested investors to better understand the risks of PPP water projects in China.
URI: http://hdl.handle.net/10397/17054
ISSN: 1648-715X
EISSN: 1648-9179
DOI: 10.3846/1648715X.2011.617867
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