Major obstacles to public-private partnership (Ppp)-financed infrastructure development in china

Toriqul Bashar, Ivan W. H. Fung, Lara Celine Jaillon, Di Wang

Research output: Contribution to journalArticlepeer-review

Abstract

Public-private partnership (PPP)-led infrastructure development has been crucial in China as it has in many other countries. However, several obstacles in the field tend to challenge its development. Based on survey responses from PPP practitioners and professionals in Hong Kong and mainland China, this study analyzes and ranks the key barriers to PPP projects. Our findings suggest that both groups classify the critical obstacles to PPP consistently, albeit with some divergences in ranking them. Reflecting mainly from the perspective of professionals, the study also proposes some suggestions for mitigating these obstacles, so it could contribute to the effective formulation of PPP and successful implementation of PPP-led infrastructure projects in China as well as elsewhere.

Original languageEnglish
Article number6718
JournalSustainability
Volume13
Issue number12
DOIs
Publication statusPublished - 14 Jun 2021

Keywords

  • China
  • Infrastructure
  • Obstacles
  • PPP
  • Project failure
  • Sustainable development

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Renewable Energy, Sustainability and the Environment
  • Environmental Science (miscellaneous)
  • Energy Engineering and Power Technology
  • Management, Monitoring, Policy and Law

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