Abstract
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 language | English |
|---|---|
| Title of host publication | Proceedings of the 2013 International Conference on Construction and Real Estate Management, Karlsruhe, Germany, 10 - 11 October 2013 |
| Publisher | American Society of Civil Engineers |
| Pages | 427-437 |
| Number of pages | 11 |
| ISBN (Print) | 9780784413135 |
| DOIs | |
| Publication status | Published - 2013 |
| Event | International Conference on Construction and Real Estate Management - Duration: 10 Oct 2013 → … |
Conference
| Conference | International Conference on Construction and Real Estate Management |
|---|---|
| Period | 10/10/13 → … |
Keywords
- comparative studies
- public-private sector cooperation
