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

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

doi:10.3390/su13126718

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

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

^*Corresponding author for this work

School of Energy, Geoscience, Infrastructure and Society

Research output: Contribution to journal › Article › peer-review

26 Citations (Scopus)

510 Downloads (Pure)

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 language	English
Article number	6718
Journal	Sustainability
Volume	13
Issue number	12
DOIs	https://doi.org/10.3390/su13126718
Publication status	Published - 14 Jun 2021

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

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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Cite this

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title = "Major obstacles to public-private partnership (Ppp)-financed infrastructure development in china",

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.",

keywords = "China, Infrastructure, Obstacles, PPP, Project failure, Sustainable development",

author = "Toriqul Bashar and Fung, \{Ivan W. H.\} and Jaillon, \{Lara Celine\} and Di Wang",

note = "Publisher Copyright: {\textcopyright} 2021 by the authors. Licensee MDPI, Basel, Switzerland.",

year = "2021",

month = jun,

day = "14",

doi = "10.3390/su13126718",

language = "English",

volume = "13",

journal = "Sustainability",

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AU - Bashar, Toriqul

AU - Fung, Ivan W. H.

AU - Jaillon, Lara Celine

AU - Wang, Di

PY - 2021/6/14

Y1 - 2021/6/14

N2 - 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.

AB - 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.

KW - China

KW - Infrastructure

KW - Obstacles

KW - PPP

KW - Project failure

KW - Sustainable development

UR - https://www.scopus.com/pages/publications/85108584337

U2 - 10.3390/su13126718

DO - 10.3390/su13126718

M3 - Article

AN - SCOPUS:85108584337

SN - 2071-1050

VL - 13

JO - Sustainability

JF - Sustainability

IS - 12

M1 - 6718

ER -

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

Abstract

UN SDGs

Keywords

ASJC Scopus subject areas

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