Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/28646
Title: Reasons for implementing public private partnership projects
Authors: Cheung, E
Chan, APC 
Kajewski, S
Keywords: Public ownership
Private ownership
Procurement
Issue Date: 2009
Publisher: Emerald Group Publishing Limited
Source: Journal of property investment and finance, 2009, v. 27, no. 1, p. 81-95 How to cite?
Journal: Journal of property investment and finance 
Abstract: Purpose– This paper sets out to present the findings of a study to investigate the reasons for implementing Public Private Partnership (PPP) projects.
Design/methodology/approach– A questionnaire survey was conducted in Hong Kong (also commonly referred to as the Hong Kong Special Administrative Region), Australia and the United Kingdom. The survey respondents were asked to rate the importance of nine identified reasons for implementing PPP projects.
Findings– The findings of the top three ranks for each respondent group were investigated. Ranked top by the survey respondents in Hong Kong was “Private incentive”. Ranked second by all three groups of survey respondents was “Economic development pressure demanding more facilities”. Third in Hong Kong and first in Australia was “High quality of service required”. The reason “Inefficiency because of public monopoly and lack of competition” was ranked third by the Australian respondents. And finally ranked first and third by the British respondents was “Shortage of government funding” and “Avoid public investment restriction”. The rankings showed that in general those rated highly in the United Kingdom focused on financial elements whereas those rated highly in Hong Kong and Australia were more related to the overall performance of improving public projects.
Originality/value– These findings were believed to provide an idea of the possible reasons for implementing PPP projects, and as a result illustrate a clearer understanding of the process.
URI: http://hdl.handle.net/10397/28646
ISSN: 1463-578X
EISSN: 1470-2002
DOI: 10.1108/14635780910926685
Appears in Collections:Journal/Magazine Article

Access
View full-text via PolyU eLinks SFX Query
Show full item record

SCOPUSTM   
Citations

26
Last Week
0
Last month
Citations as of Oct 16, 2017

Page view(s)

52
Last Week
3
Last month
Checked on Oct 22, 2017

Google ScholarTM

Check

Altmetric



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.