Experience of public private partnership in highway infrastructure development: an exploratory study of PPP mature countries and scenario in India
by Hemantkumar P. Bulsara; Alok Kumar; Rakesh Kumar; Krupesh A. Chauhan
International Journal of Procurement Management (IJPM), Vol. 8, No. 5, 2015

Abstract: Public-private partnership (PPP) in which private sector partners take on increased responsibility for projects design, construction, financing and operation have become popular in various countries around the world as a means of delivering large-scale transportation infrastructure. Britain, Australia, France, Spain, Canada, Italy like PPP mature countries have implemented this model with less public debt and completed in a short span of 20 years. On the other hand, countries like China, Brazil, Malaysia, India, Belgium and Russia are implementing it as per their own requirements. However, PPPs can present more risk sharing to the private sector in design, implement and management. This model should only be considered if it can be demonstrated that they will achieve additional value, compared with traditional public procurement models. It can be an effective implementation structure only if the objectives of all parties can be met within the partnership. PPP is not the only method to deliver projects financing and realisation.

Online publication date: Fri, 31-Jul-2015

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Procurement Management (IJPM):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com