Rafaat, R; Osman, H; Georgy, M and Elsaid, M (2020) Preferred risk allocation in egypt's water sector PPPs. International Journal of Construction Management, 20(6), pp. 585-597. ISSN 1562-3599
Abstract
As Egypt suffers from water scarcity and limited public funds, increasing investments in unconventional water supply projects through the public-private partnership (PPP) scheme is considered a necessity. Meanwhile, risk allocation is considered critical to the implementation and success of PPPs. This paper captures, presents and discusses the risk allocation preferences for domestic wastewater treatment and Seawater Desalination PPPs in Egypt. Face-to-face structured interviews were conducted with experienced practitioners and a preferred risk allocation scheme was developed using the 'majority opinion' approach. Results were compared to similar findings in China; a mature water sector PPP market. The research findings enable developing an efficient risk allocation framework for water sector PPPs in Egypt in the early stages of project development. The comparative study enables foreign investors to adjust their investment strategies by considering the similarities and differences in Egypt and China.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | China; domestic wastewater treatment; Egypt; PPP; risk allocation; seawater desalination; water sector; word |
| Index terms: | investment strategy, face, water supply, seawater, interview, China, preference, practitioner, partnership, investor, implementation, Egypt, project development, risk allocation, comparative study, desalination |
| Subjects: | psychology, environmental science, contractual arrangements, project delivery, economic analysis, data collection methods, research design and methodology, practitioner, partnership management, sociology, infrastructure and transport systems, decision-making and reasoning, water management, Geography, financial risk |
| Topics: | Stakeholder Management, Roles and Professions, Sustainability, Procurement, Cost Management, Business Strategy, Engineering Principles, Geographical Context, Project Management, Research Practice, Organizational Design |
| Descriptive scope: | 4 PCEA |
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