Kwak, Y H (2002) Analyzing asian infrastructure development privatization market. Journal of Construction Engineering and Management, 128(2), pp. 110-116. ISSN 0733-9364
Abstract
Concession agreement is one of the infrastructure privatization models. In Asia, the rise of concession projects began in the 1980s, and the number of such projects continues to grow. This research provides an overview and detailed analysis of the Asian concession market. Eighty-seven concession projects awarded between 1985 and 1998 covering 12 Asian countries were examined. Findings show that Asia has been implementing concession models actively in response to the high demand of infrastructure development in the power, transportation, and water sectors. Approximately 30% of the total concession projects had disappointing performances resulting in financial loss, cancellation, delay, and suspension of the project.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Asia; infrastructure; privatization; project planning |
| Index terms: | privatization, infrastructure development, project planning, Asia |
| Subjects: | economic analysis, regions and continents, infrastructure engineering, control systems |
| Topics: | Geographical Context, Business Strategy, Project Management, Engineering Principles |
| Descriptive scope: | 2 PC |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here