A comparative study of critical success factors for public private partnerships (PPP) between Mainland China and the Hong Kong Special Administrative Region

Cheung, E; Chan, APC; Lam, PTI; Chan, DWM; Ke, Y

A comparative study of critical success factors for public private partnerships (PPP) between Mainland China and the Hong Kong Special Administrative Region

Cheung, E Chan, APC Lam, PTI Chan, DWM Ke, Y

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Publication Type:: Journal Article
Citation:: Facilities, 2012, 30 (13), pp. 647 - 666
Issue Date:: 2012-01-01

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Field	Value	Language
dc.contributor.author	Cheung, E	en_US
dc.contributor.author	Chan, APC	en_US
dc.contributor.author	Lam, PTI	en_US
dc.contributor.author	Chan, DWM	en_US
dc.contributor.author	Ke, Y https://orcid.org/0000-0003-3426-703X	en_US
dc.date.issued	2012-01-01	en_US
dc.identifier.citation	Facilities, 2012, 30 (13), pp. 647 - 666	en_US
dc.identifier.issn	0263-2772	en_US
dc.identifier.uri	http://hdl.handle.net/10453/115200
dc.description.abstract	Purpose: This paper aims to explore the critical success factors (CSFs) necessary for adopting public private partnerships (PPPs) in both Mainland China and Hong Kong. Design/methodology/approach: An empirical questionnaire survey was conducted with relevant experienced practitioners in Mainland China and Hong Kong. Findings: Both Mainland China and Hong Kong have been keen to deliver more infrastructure service projects through PPP mode, with the former aiming to meet its rapidly growing infrastructure demand and the latter uplifting its efficiency further. The results indicate that Hong Kong does not regard multi-benefit objectives as importantly as Mainland China. Mainland China on the contrary felt more concerned with an equitable risk sharing mechanism, which is understandable given the problems affecting the financial market in Mainland China. Originality/value: It is anticipated that the results presented in this paper will assist both the public and private sectors to deliver PPP projects more successfully. © Emerald Group Publishing Limited.	en_US
dc.relation.ispartof	Facilities	en_US
dc.relation.isbasedon	10.1108/02632771211273132	en_US
dc.title	A comparative study of critical success factors for public private partnerships (PPP) between Mainland China and the Hong Kong Special Administrative Region	en_US
dc.type	Journal Article
utslib.citation.volume	13	en_US
utslib.citation.volume	30	en_US
utslib.for	1202 Building	en_US
utslib.for	1503 Business and Management	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
utslib.copyright.status	closed_access
pubs.issue	13	en_US
pubs.publication-status	Published	en_US
pubs.volume	30	en_US

Abstract:

Purpose: This paper aims to explore the critical success factors (CSFs) necessary for adopting public private partnerships (PPPs) in both Mainland China and Hong Kong. Design/methodology/approach: An empirical questionnaire survey was conducted with relevant experienced practitioners in Mainland China and Hong Kong. Findings: Both Mainland China and Hong Kong have been keen to deliver more infrastructure service projects through PPP mode, with the former aiming to meet its rapidly growing infrastructure demand and the latter uplifting its efficiency further. The results indicate that Hong Kong does not regard multi-benefit objectives as importantly as Mainland China. Mainland China on the contrary felt more concerned with an equitable risk sharing mechanism, which is understandable given the problems affecting the financial market in Mainland China. Originality/value: It is anticipated that the results presented in this paper will assist both the public and private sectors to deliver PPP projects more successfully. © Emerald Group Publishing Limited.

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http://hdl.handle.net/10453/115200