Finance-related critical success factors for the briefing of PPP projects in construction

LiYaning Tang, Qiping Shen

Research output: Chapter in Book / Conference PaperConference Paperpeer-review

6 Citations (Scopus)

Abstract

![CDATA[Public private partnership (PPP) is widely used in the world. Many researchers claimed that PPP can contribute to sustainability in nature as it promotes long-term productive use of resources. The briefing stage is important to a PPP project because it is the stage when private sector funds are injected to projects. In considering this, the paper aims at identifying the finance-related critical factors that could lead to the success of the project in the briefing stage. Six finance-related factors were identified based on a comprehensive review of literature followed by personal interviews. The importance of these factors was rated using a questionnaire survey in Hong Kong and Australia. Because some background variables should be taken into account when rating these factors, a custom-made weighted ranking method was developed, which enabled an estimation of the weighted importance of finance-related factors. A comparative study of the results between Hong Kong and Australia was conducted. Discussion is provided to describe how these factors can help improve the briefing stage of PPP projects.]]
Original languageEnglish
Title of host publicationProceedings of the 2013 International Conference on Construction and Real Estate Management, Karlsruhe, Germany, 10 - 11 October 2013
PublisherAmerican Society of Civil Engineers
Pages427-437
Number of pages11
ISBN (Print)9780784413135
DOIs
Publication statusPublished - 2013
EventInternational Conference on Construction and Real Estate Management -
Duration: 10 Oct 2013 → …

Conference

ConferenceInternational Conference on Construction and Real Estate Management
Period10/10/13 → …

Keywords

  • comparative studies
  • public-private sector cooperation

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