Public-Private Partnership Databases: Analytical Description and Comparative Analysis of National and International Databases (original) (raw)
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Demystifying Issues Regarding Public Private Partnerships (PPP).
Journal of Economics and Sustainable Development, 2016
Public-private sector collaboration is an evolving concept which takes many forms around the world, and it is essentially an arrangement by which private entrepreneurs provide support for the provision of public infrastructure. This study explored the collaborative framework of the public-private partnership (PPP) as a change process, highlighted basic characteristics, benefits, key principles of PPPs and its success path; it also clarify the structure, process and delivery system of joint-venture (JV) PPPs and the concession PPPs; while also identifying categories of projects that can benefit from the use of the PPP. It revealed successful attempts by central governments in financing new infrastructure projects through private sector participation due to the paucity of funds while facilitating innovation in infrastructure development. Joint-ventures PPPs which involves the incorporation of a company where the public actor is both the regulator and a shareholder in the joint operating company; it also involves the sharing of the attendant revenues, benefits/loss, and costs but despite been of local value is described as the true PPP. Concession PPP, however, is of national value and involves the transfer of risks to parties most suitable in managing it but the project financing is the sole responsibility of the private actor.
International Journal of Project Management, 2015
The Critical Success Factors for Public-Private Partnership is a major research interest worldwide therefore this paper aims to methodically review studies on the CSFs for implementing PPP from some selected top tier academic journals from 1990 to 2013 (years inclusive). The search results indicated an increased research interest in the exploration of PPP CSFs since 1990. The mostly identified CSFs are risk allocation and sharing, strong private consortium, political support, community/public support and transparent procurement. It was further noticed that Australia, the U.K., China and Hong Kong have been the countries of focus for most research studies on PPP CSFs. Finally the research approaches adopted are case study, questionnaire survey and mixed methods. The findings revealed provide an overview of CSFs for PPPs in order to enhance future implementations. Moreover a checklist of CSFs for PPPs has been developed, which could be adopted for further empirical studies.
Public-Private Partnerships (PPP) in the Philippines: Issues and Prospects
In the Philippines, Local Government Units (LGUs) are working to change the administration and functioning of public markets, and the study looked at how well these LGUs were internalizing the basic ideals of New Public administration (NPM). The study evaluated the effectiveness of PPP/BOT Public Markets in resolving the enduring issues with public markets in the Philippines using Public Private Partnership (PPP) as a framework of NPM for infrastructure development and service delivery. It questioned whether PPP had made public markets run more efficiently as a reform tool. Five of the nation's first PPP public markets, including the Mandaluyong Public Market in Mandaluyong City, the Carmen and Cogon Public Markets in Cagayan de Oro City, the Suki Market in Quezon City, and the Bocaue Public Market in Bocaue, Bulacan, were reviewed to support the evaluation. As performance indicators, it looked at management and organization, the range of facilities and services, LGU revenue income and expenditures, vendor income from the market, and client satisfaction with the caliber of the facilities and services. Case studies, content analyses, ocular inspections, and interviews with city and municipal administrators, market administrators, market vendors, and officials of market vendors organizations were some of the combined research approaches used to gather the study's data. The study shows that while PPP has improved the performance of public markets during the early years of operation, these gains and all advances were not sustained by the LGUs when management and operation of public markets were turned over to them from the private project proponent-operators. The study argued that to sustain public-private partnerships in the operation of the public market, it is imperative to institutionalize reforms in the structure, processes, mindsets of the leaders, and stakeholders. The institutionalization of NPM's core values can be carried out effectively through localization of PPP as a policy so that the necessary legal and institutional frameworks for PPP will be anchored based on the need, strength, and weaknesses of the LGU concerned.
The implications of Public Private Partnership (PPP) concept has acknowledged utmost attention from different governments around the world especially in terms of service quality, efficiencies in procurement and risk management, extent of investment undertaken by private sponsor and the ability to generate managerial and technical capabilities. Any PPP project comprises roles and responsibilities for both government and private sector. The government obligations in such PPP projects are often limited to the feasibility study, transaction support and implementing linked government or public sector projects which subsequently provide the question for the fund to be mobilized by the government for these services as up-front development. Generally a PPP project being driven by any government agency might often require going for a budgetary allocation from the central authority for performing the government side obligations, which is typically very complicated and time consuming due to the priority of the central treasury. To overcome this problem, a central PPP development facility of the government is very essential that will be used by different government agencies for developing PPP projects and fast-track project implementation. The objective of such centralized facility within any government agency is for providing advisory services and completion of linked government sector projects, for developing an infrastructure project, through private sector, which is typically known as PPP. The Line Ministries, Executing Agencies and other Government bodies will use this facility to engage consultants and advisors for carrying out the development phase of the PPP projects such as conducting feasibility study that will essentially generate the inputs for the government to prepare the concession documents i.e. the transaction advisory services. However, another important purpose of this facility is to implement different linked public sector projects obligated by the government that may be essential predecessor for implementing some large PPP projects. Generally, land acquisition, supply of utilities such as electricity, gas water etc., link roads, transmission lines etc. fall under this category. In many cases, it has been experienced that large PPP projects are often stalled due to not completion of such linked projects on timely manner, which subsequently results government demurrages and country falling behind from receiving the service from that PPP project. The paper shows the importance of a central PPP development facility with focusing on the processes and procedures that requires for the formation and administering such central advisory facility and the modality for using it by the downstream agencies. Moreover, this paper suggests levying charges on the beneficiaries of the projects, i.e. the investors who are awarded the projects, for these up-front development supports. It is also proposed that such fund to be administered by the central treasury department of the government through a Steering Body. There should be some unit or body within the treasury for its day-to-day operationalization and management. The ability to create and mange such facility within the government mechanism will ensure a smooth partnership between the government and private sector, which will facilitate the government mandate to provide quality infrastructure service to the country people.
Public Private Partnerships from the Point of View of Large Construcion Companies
Proceedings of International Structural Engineering and Construction, 2016
Stringent budget constraints and the need to build infrastructures have resulted in Public-Private Partnerships (PPP) being acknowledged as a desirable delivery/financing system for public projects. A PPP is an agreement between a public agency and a private consortium that allows the financing, design, construction, and operation of large scale infrastructure. While the public agency can be a single government department (e.g., a highway department), the private consortium is composed of several parties including contractors, designers, financial institutions, and other investors. The party that plays a critical role in the consortium is typically a large construction company. Various researchers have identified some of the critical factors that affect the success of a PPP, but only few studies have undertaken a comprehensive examination of financial issues. This paper aims to fill this research gap by analyzing information collected from large construction companies pertaining to financial issues. A structured questionnaire survey was administered to the largest 190 international construction companies listed by Engineering News-Record to investigate the relative significance of 19 financial issues that were identified in a thorough review of the literature. The findings indicate that factors such as inappropriate financial analysis, a low rate of return, and long delays in reaching financial closure have a high impact on the success of PPPs. Moreover, the public agency's tendency for corruption and the private consortium's weak financial standing can also undermine the financial strength of the arrangement. The findings can be used by all participants in PPPs to evaluate the financial issues in such projects.
Public-Private Partnerships (PPPs): Potential Impacts and Critical Success Factors
HAPSc Policy Briefs Series, 2021
In recent years, PPPs have been increasingly used to implement projects and provide public services. The governments have made the necessary legislative and financial efforts in order to promote PPPs, given the need to acquire know-how from the private sector and the advantages they bring to the public sector and the citizens. However, the use of PPPs should be carefully planned as, in addition to the wider social and economic impacts, failures and negative results have been observed. This article attempts to present the main characteristics of PPPs, cite their possible impacts and quote their critical success factors in order to make PPPs more beneficial for the involved parties and the citizens.
Civil Engineering Journal, 2019
Shortage in funds after the declining in oil prices since 2014, made Iraq government encourage private sector engagement in financing infrastructure projects through PPP. However, private sector reluctance was notable. Therefore, this research is conducted to assess if Iraq is a supportive environment for PPP projects development. 25 risk factors of PPP projects have been listed and organized within a questionnaire that was conducted with a participation of 98 respondents from public, private institutions and academics. Means comparison was used to rank and identify respondent agreement on assessing the level of importance of these risk factors, also nonparametric tests were used. Findings indicated that all respondents groups have agreed on ranking corruption on the top of barriers that government should deal with to ensure the success of PPP projects. Afterward scarcity of private funds came in the first place followed by insufficient public administration processes and then by t...