International Best Practices of Public-Private Partnership

This book discusses how Public-Private Partnership (PPP) is practiced in developed and developing economies. The book demonstrates how PPP as a concept has grown over the years with many governments particularly from developing economies/countries seeking to enhance infrastructure growth and development through this scheme. Further, the book explores how PPP has become the major infrastructure procurement policy adopted by many governments globally to address the rapid increase in demand for infrastructure due to the increase in population growth. Although, there are many available textbooks on PPP, this book is unique because it provides in-depth analysis and discussion on the international best practices of PPP from developed and developing economies perspectives. This book provides strategic measures, useful practices and information about the similarities and differences in PPP practices in developed and developing economies based on empirical evidence and case studies.

This book is structured in nine chapters. The first chapter explores the basic concept of PPPs. The second chapter looks at the global development and practices of PPP particularly from developed and developing economies’ perspectives. The third to the eight chapters explores critical topics and issues in international PPP practices from developed and developing economies perspectives. The topics included in this book are: governments motivations for adopting PPPs, barriers to PPP implementation, measuring PPP project success, risk management in PPPs, causes of conflict and conflict resolution mechanisms in PPPs and management of unsolicited proposals. The ninth chapter presents a comprehensive best practice framework for implementing international PPP projects.

This book is useful to undergraduate and postgraduate students in architecture, civil engineering, business, construction and project management, researchers interested in PPP topics, international investors and financiers, public authorities and departments and international development banks. This book provides in-depth insights and understanding on the best practices for PPP from the international perspective especially from the viewpoint of countries with diverse culture and policies. Importantly, readers will be adequately informed of the similarities and differences of PPP practices and processes in developed and developing economies based on empirical evidence. Investors and governments will be informed of the strategic plans and preventive actions to employ when engaging in PPP arrangements in any part of the world.

Robert Osei-Kyei holds a Ph.D in Construction Project Management from the Department of Building and Real Estate, The Hong Kong Polytechnic University, Hung Hom, Hong Kong. He is currently a lecturer and academic course advisor in construction and project management at the School of Built Environment, Western Sydney University, Sydney, Australia. Dr. Osei-Kyei is a member of the Australian Institute of Building, Australian Institute of Project Management, and International Centre for Complex Project Management.

Albert P.C. Chan is a Chair Professor of Construction Engineering and Management at the Department of Building and Real Estate, The Hong Kong Polytechnic University, Hung Hom, Hong Kong. Prof. Chan holds a Ph.D. in Project Management from the University of South Australia, Australia. He is currently the Head of Building and Real Estate Department and also the Associate Director of Research Institute for Sustainable Urban Development (RISUD), The Hong Kong Polytechnic University, Hong Kong. Prof. Chan is a Fellow of the Chartered Institute of Building, Australian Institute of Building, Royal Institute of Chartered Surveyors, Hong Kong Institute of Construction Management, Hong Kong Institute of Engineers and Hong Kong Institute of Project Managers.