Title: Formation of optimal private involvement in urban rail public-private partnership projects in China

Authors: Yongjian Ke

Addresses: School of Built Environment, University of Technology Sydney, Ultimo NSW 2007, Australia

Abstract: Subnational governments in China are suffering from urgent urban development demands and severe fiscal pressure, public-private partnerships (PPPs) are hence strongly promoted to attract private investors to participate in the development and operation of urban rail projects. However, there is no formal assessment to determine the degree of private involvement in a PPP project. This question is more critical in the sector of urban rail, in which the huge investment cannot rely on the private sector alone. This study hence aimed to develop a five-stage systematic procedural framework to determine the optimal private involvement in an urban rail PPP project in China. The findings add to the current knowledge base by summarising an appropriate and systematic procedural framework for the allocation of involvement in a PPP project. They are also beneficial for the industry practitioners as a management framework to determine the appropriateness of private involvement.

Keywords: private involvement; procedural framework; procurement; public-private partnership; PPP; urban rail; China.

DOI: 10.1504/IJPOM.2018.093991

International Journal of Project Organisation and Management, 2018 Vol.10 No.3, pp.268 - 286

Received: 28 Sep 2017
Accepted: 23 Mar 2018
Published online: 10 Aug 2018 *

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