Central Public-Private Partnership (PPP) Development Facility for Enhancing Government Obligation and Efficiency in PPP Project

The implications of public-private partnership (PPP) concept has gained utmost attention from different governments around the world because of the opportunities inherent in it in terms of overcoming budgetary constraints, improved service quality, enhanced efficiencies in procurement and risk management, and prospects of generating managerial and technical capabilities. The government obligations in PPP projects are often limited to feasibility study, transaction support and implementing linked government or public sector projects which subsequently raise the question regarding how the required funds should be mobilized by the government for these services as upfront development cost. Generally, any government agency driving a PPP project has to secure budgetary allocation from the central authority for performing the government-side obligations, which is often a complicated and time consuming process due to other priorities of the central treasury. To overcome this challenge, establishment of a central PPP development facility by the government is required. The ability to create and manage such a facility within the government mechanism will ensure seamless development and implementation of PPP projects by different government agencies and will contribute to foster a good relationship between the government and the private sector investors.

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Public private partnership in india

Journal of Management and Science ◽

10.26524/jms.2011.8 ◽

2011 ◽

Vol 1 (1) ◽

pp. 57-64

Author(s):

Sathana Priya M ◽

Jesintha P

Keyword(s):

Public Private Partnership ◽

Private Partnership ◽

Good Relationship ◽

The Public ◽

The World

The article discussed the Public Private Partnership among the domestic and foreign players. The main objective is to assess the Public Private Partnership project in India and relationship between the foreign player and domestic player in PPP. So the paper concludes that the foreign players are investing with domestic player in PPP projects. Malaysian companies are leading investors in public private partnership (PPP) projects in India, with this observation both foreign and domestic players join together and developing good relationship among the world with the help of PPP project.

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World Crisis and Market of Infrastructural Projects

World Economy and International Relations ◽

10.20542/0131-2227-2010-1-38-46 ◽

2010 ◽

pp. 38-46

Author(s):

V. Varnavskii

Keyword(s):

Fiscal Policy ◽

Economic Crisis ◽

Public Private Partnership ◽

Infrastructure Projects ◽

Private Partnership ◽

Investment Projects ◽

World Crisis ◽

The World ◽

The Government ◽

Complicated Nature

World financial and economic crisis had a serious impact on the production infrastructure functioning owing to the insufficient suitability of its branches to the market. The author considers details and main trends of infrastructure projects development in a down economy. Investment projects in production infrastructure, implemented as per public-private partnership flowchart, are most vulnerable during a crisis, which is determined by a complicated nature of this economic phenomenon and high risks. Pursuing such fiscal policy, the government suppresses reproduction processes in the infrastructural complex rather than increases them as it is practiced in most countries of the world.

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Considerable Issues for Sustainable Public-Private Partnership (PPP) Project

10.31219/osf.io/h9gw4 ◽

2019 ◽

Author(s):

Abu Rashed ◽

Md. Mahmudul Alam ◽

Mohd Ekhwan bin Toriman

Keyword(s):

Risk Management ◽

Public Sector ◽

Service Quality ◽

Private Sector ◽

Public Private Partnership ◽

Private Partnership ◽

Factors Associated ◽

The World ◽

Environmental Considerations ◽

The Government

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. PPPs are seen as a way forward for creating a sustainable atmosphere in terms of economic, social and environmental considerations. However, the variations of PPP schemes have their own set of advantage and limitations over one to another vis-a-vis typical public sector procurement. While adopting and promoting PPPs in a country by the government and involving private sector for a particular PPP deal, specific issues and factors associated with the project must be considered for ensuring sustainability of the project as well as the interest of all stakeholders, i.e, government, private sector and the users. This study focuses on these factors that will help the involved parties to ensure the sustainability of the PPP projects and a fruitful win win contract.

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USE OF THE WORLD EXPERIENCE OF PUBLIC-PRIVATE PARTNERSHIP IN UKRAINE

Environmental Economics and Sustainable Development ◽

10.37100/2616-7689/2019/5(24)/6 ◽

2019 ◽

pp. 41-47

Author(s):

Natalia Tretyak ◽

Olga Kalenska

Keyword(s):

World Bank ◽

Economic Activity ◽

Spatial Development ◽

Public Private Partnership ◽

Private Capital ◽

Private Partnership ◽

The World Bank ◽

The World ◽

Area Of Application

The article investigates the world experience of public-private partnership in the economic activity of different countries. Different models and forms of contracts of public-private partnership are covered. The link between public-private partnership projects with the country and area of application is noted. The models of public-private partnership proposed by the World Bank for attracting private capital are covered. The main directions of realization of world forms of public-private partnership for Ukraine are proposed for the effective provision of sustainable spatial development, their further adaptation to the realities of our time.

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Public Private Partnership (PPP) in Malaysia

International Journal of Business and Management ◽

10.26666/rmp.ijbm.2018.4.2 ◽

2018 ◽

Vol 2 (4) ◽

pp. 9-13

Author(s):

Mahirah Rafie

Keyword(s):

Future Study ◽

Public Private Partnership ◽

New Method ◽

Private Partnership ◽

Implementation Project ◽

Potential Benefits ◽

The Government

Public Private Partnership (PPP) is not a new method of development in a country. In Malaysia, concept of PPP had been used almost four decades after Malaysian Incorporated Policy had been introduced by the government. The objectives of this present study is to scrutinize defining the concept of PPP, the evolution of implementation PPP, and also characteristic and criteria of PPP based on Public Private Partnership Guidelines. This paper also examines the potential benefits of PPP implementation in Malaysia based on the previous study. Last but not least, issues and recommendation for future study has been suggested to enhance PPP implementation project.

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Explaining Public-Private Partnership Projects through Political Factors: An Assessment of Developing Countries

Political Studies ◽

10.1177/00323217211040382 ◽

2021 ◽

pp. 003232172110403

Author(s):

Noemí Peña-Miguel ◽

Beatriz Cuadrado-Ballesteros

Keyword(s):

Developing Countries ◽

Political Ideology ◽

Political Competition ◽

Public Private Partnership ◽

Public Private Partnerships ◽

Left Wing ◽

Political Factors ◽

Middle Income ◽

Private Partnership ◽

The Government

This article analyses the effect of political factors on the use of Public Private Partnerships in developing countries. According to a sample of 80 low- and middle-income countries over the period 1995–2017, our findings suggest that Public Private Partnership projects are affected by political ideology, the strength of the government and electoral cycles. Concretely, they tend to be used by left-wing governments to a greater extent than governments with other ideologies. Public Private Partnerships also tend to be more frequently used by fragmented governments and when there is greater political competition. There is also some evidence (although slight) on the relevance of the proximity of elections in explaining Public Private Partnerships in developing countries.

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Liberties and Litigation

The Justice of Venice ◽

10.5871/bacad/9780197263778.003.0005 ◽

2006 ◽

Author(s):

James E. Shaw

Keyword(s):

Early Modern ◽

Functional Role ◽

Regulatory System ◽

Public Private Partnership ◽

Point Of View ◽

Public Officials ◽

Private Partnership ◽

Market Rules ◽

The Government

The guilds were essential allies in the operation of the regulatory system, which can be considered an early-modern example of a public/private partnership. Not only were the guilds the chief ‘customers’ of the court, providing much of the funding for public officials, they also had the authority to enforce market rules in their own sector. The price paid for their cooperation was the confirmation of their privileges and the division of the economy into separate sectors. This chapter emphasizes the functional role of guild litigation as opposed to the rhetoric that has surrounded it. From the point of view of a ‘command economy’, guild litigation served no useful purpose. The government considered it to be a waste of money, ‘petty disputes’ of no real significance.

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Rural Innovations

Promoting Socio-Economic Development through Business Integration - Advances in Finance, Accounting, and Economics ◽

10.4018/978-1-4666-8259-7.ch020 ◽

2015 ◽

pp. 275-291

Author(s):

Roopesh Rao

Keyword(s):

Decision Making ◽

Agricultural Research ◽

Public Private Partnership ◽

Rural India ◽

Technology Licensing ◽

Global Knowledge ◽

Private Partnership ◽

Growing Stock ◽

The World ◽

Cereal Production

In a country like India innovations are more referred as “jugaad”. Though the dictionary does not explain such kind of words, but every person in India understands the importance of jugaad. India has one of the largest systems for agricultural research in the world. However this system has focused predominantly on strengthening of cereal production under irrigated conditions. It would be essential that they participate in all decision making which cater to overall development of rural india. India also needs to increase its efforts to tap into the rapidly growing stock of global knowledge through channels such as FDI, technology licensing, importation of capital merchandise that embody knowledge, as well as advanced products, components, and services. This chapter analyses and focuses on various innovative practices done with the help of Government, Public Private Partnership, private Players, Individuals, NGOS, etc

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Sustainable and Optimal “Uniqueness” Contract in Public-Private Partnership Projects of Transportation Infrastructure

Discrete Dynamics in Nature and Society ◽

10.1155/2020/6664405 ◽

2020 ◽

Vol 2020 ◽

pp. 1-14

Author(s):

Yingjun Zhu ◽

Zhitong Gao ◽

Ruihai Li

Keyword(s):

Social Welfare ◽

Public Private Partnership ◽

Transportation Infrastructure ◽

Private Capital ◽

Equilibrium Relation ◽

Private Partnership ◽

The Public ◽

Welfare Losses ◽

The Government ◽

The Impact

To control the “uniqueness” risk in Public-Private Partnership (PPP) projects of transportation infrastructure, we design a simplified “uniqueness” contract model by incorporating the impact of the initial investment which is based on the Bertrand model. The nonlinear programming method is adopted to derive the optimal “uniqueness” contracts for incumbent private capital, the public, and the social welfare, respectively. The simulation results show that the achievement of the optimal “uniqueness” contract is essentially the result of a compromise between the private capital, the public, and social welfare. The extent to which such a contract reduces the probability of “uniqueness” risk mainly depends on the equilibrium relation between the interests of private capital and the public. The initial investment is not related to the government default when the contract does not take into account the interests of the private capital. Furthermore, the “uniqueness” contracts between private capital and the government are mainly for anticompetitive purpose in the PPP market of transportation infrastructure. Unless the contract terms focus on the improvement of social welfare, entering a “uniqueness” contract will cause social welfare losses.

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