Chan, A P C; Lam, P T I; Chan, D W M; Cheung, E and Ke, Y (2010) Critical success factors for PPPs in infrastructure developments: Chinese perspective. Journal of Construction Engineering and Management, 136(5), pp. 484-494. ISSN 0733-9364
Abstract
With the rapid growth of the Chinese economy, the desperate demand for infrastructure developments has created bottlenecks in the country's sustainable development. Infrastructure investment could not be funded completely by the government alone. Taking Beijing as an example, there will be about 2,400 infrastructure projects to be developed during 2006-2010 with a total investment of over RMB 470 billion, which may impose budgetary pressure on the government. As a result, public-private partnership (PPP) could be considered as a favorable option to help provide these rapidly demanded public works and services. In order to investigate the potential for adopting PPPs in the People's Republic of China, this paper aims to explore the critical success factors (CSFs) necessary to conduct PPP projects. The views from Chinese experts were collected via an empirical questionnaire survey. The respondents were invited to rate a total of 18 CSFs that contribute to the success of PPP projects as gleaned from the contemporary literature. The results of this survey were analyzed by the factor analysis technique. The findings showed that the 18 CSFs could be grouped into five underlying factors including: Factor 1-stable macroeconomic environment; Factor 2-shared responsibility between public and private sectors; Factor 3-transparent and efficient procurement process; Factor 4-stable political and social environment; and Factor 5-judicious government control.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | China; infrastructure; partnerships; private sector; procurement |
| Index terms: | questionnaire, critical success factor, China, procurement process, survey, infrastructure development, sustainable development, Beijing, factor analysis, public work, option, infrastructure project, infrastructure investment, private sector, partnership |
| Subjects: | economic analysis, contractual arrangements, control systems, data collection methods, statistical analysis, infrastructure and transport systems, industry analysis, decision analysis, partnership management, infrastructure engineering, Geography, health safety and environment |
| Topics: | Procurement, Risk Management, Stakeholder Management, Engineering Principles, Research Practice, Geographical Context, Project Management, Health and Safety, Business Strategy |
| Descriptive scope: | 4 PCEA |
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