Implications from Park Public-Private Partnership(PPP)Initiatives in China and Japan

In this study,the statistical information of 166 park Public-Private Partnership(PPP)projects in China,such as investment,area,project stage,and locality area,was collected to analyze types of clusters and defined five types.For each type of cluster,it was possible to analyze the merits of park PPP projects in China.The case study also revealed the construction process of the entities that build,manage and operate the projects.With the findings from the analysis,it can present a perspective on Japan and China and compare park Private Finance Initiative(PFI)and PPP projects between Japan and China.

A Public-Private Partnership Procurement Approach to Sustainable Transport—Zimbabwe Case

Zimbabwe has serious financial constraints so the only viable option to procure infrastructure is through engaging the private sector in public-private partnerships to enhance the chances of successfully undertaking public projects like sustainable transport. This study creates the basis for a potential public-private partnership with a trackless tram/solar energy project in Bulawayo which has multiple advantages for sustainable development goals. It identifies six other projects in Zimbabwe that can provide some guidance for developing an appropriate PPP that could assist procure such infrastructure. The projects are drawn from the three critical sectors of the economy: power generation, highways/transport, and water/sanitation. Empirical investigations of these projects reveal the effectiveness of the PPP concept to deliver infrastructure for emerging economies. This suggests an ideal PPP arrangement that increases the likelihood of getting projects like the proposed sustainable transport project in Bulawayo implemented quickly and efficiently, especially if formulated to incorporate the project’s local socio-economic dynamics.

Review on the Public-Private Partnership

Traditionally,public goods and services have been provided by the government.In recent decades,however,public-private partnerships(PPP)were created to assist the best use of both public and private sector resources to enhance and extend public infrastructure assets and services.Throughout history,although governments have adopted such a combination of public and private ventures,the 1990s and early 21st centuries have witnessed a clear trend of governments across the world making significant use of different PPP arrangements.The rapid growth of PPPs has occurred since the 1990s throughout the globe as it was considered the preferred tool for public procurement of infrastructure and services.This paper examines the relevant literature of PPP and attempts to identify the historical development,the major reasons,the main types,forms,benefits of building PPP,as well as challenging issues facing the implementation of PPP in today’s world.

Public-Private Partnership Arrangement in <i>In-Situ</i>Housing for Slum Rehabilitation in Yenagoa, Bayelsa State, Nigeria

The provision of decent accommodation is a major challenge to government in the developing nations. It is a common phenomenon in the urban centres of the developing nations where most houses are in deplorable conditions. The houses are overcrowded with little or no air space between them. There is no basic sanitation in the urban centres as they lack flush toilet, some of the few available flush toilets are piped into seasonal streams, most houses lack defined kitchen areas and healthy sewage disposal method. The cities lack good access roads and functional drainage system with a common practice of environmentally-unfriendly solid waste management methods that create various health challenges to urban dwellers. The aim of the study is to show how in-situ Housing method of slum rehabilitation can be applied through Public/Private Partnership to upgrade houses within a major slum area in Yenagoa. This shall be done with an agreement between the property owners, Real Estate investors and the state government. Basic Research Methodology was applied using questionnaire, direct observation and personal interview techniques to collect data. Both qualitative and quantitative techniques were applied to analyse data through the use of tables and charts. The findings in the study showed that poor housing condition seriously degrade the environmental quality of the study area. The standard of living in the area is very poor as the people lack access to decent accommodation, basic sanitation and social amenities.

Public-Private Partnership Model Used in the Taipei Central Station Project Research

In view of the lack of financial aid and the migration of industries,the role of local governments shifted from social reproduction to development and production,which made the development of the local economy their main responsibility.The local governments hence have to face challenges in their management in regards to the arising changes and needs.This Taipei Central Bus Station Build Operate Transfer(BOT)project of urban formation and development is not only a trend in countries around the globe;it is also an area the Taiwan Residents governments are actively involved in.With the impact of urbanization,the size of highly functional cities has surpassed core city administrative regions;therefore,this has generated various planning,administrative and policy issues.This study examines the public-private partnership(PPP)views on urban development;the research methodology will be designed to focus on qualitative research,the following conclusions were made:(1)The basic goal of global city competitiveness of Taipei was promoted by implementing“qlubarnization”,a spatial development strategy dependent on intercalary abilities.(2)Taipei is located in the hub of Asia,linking China's Mainland and Taiwan,facing the world,peaceful and stable,rich and diverse in culture,such that adopting the“hybrid or mixed-use development model”will allow“the national gate of the country program—Central Station,Central Park”to become an international city brand.(3)Taking the“Taipei Main Station PPPs model development of the Taipei Central Bus Station BOT project of nine precincts specific land development projects”as a key success indicator,the government took privatization or PPP into consideration,loosened the monopoly on urban infrastructure,created infrastructure services and a maintenance market,positioned the city as a“supranational”entity in terms of capital flow,and sought a coherent land policy.

The public-private partnerships in healthcare sector in China

This manuscript is a narrative review on experience in the healthcare public-private partnerships(PPP)field project in China.The PPP model allows healthcare officials to share the risk of building new facilities with the private sector.The objective of this study is to evaluate and to review the PPP of healthcare sector in China,and to investigate the critical success factors and best practice of PPP.We adapted the PPP evaluation framework of the World Bank Independent Evaluation Group as our conceptual framework to summarize the literatures.The current study systematically reviewed the evolution and current status of public and private hospitals development in China,and to investigate factors related to the successful and less successful deployment and performance of PPP in the healthcare sector of China,and to develop best practice models of PPP among hospitals of China.We found that the PPP organizations providing finance and political risk coverage,thus enabling specific PPP transactions to reach financial closure-potentially setting demonstration effects.Such PPPs may then contribute to improving access to infrastructure and social services,which drives economic growth and other optimal outcomes.

Equitable Financial Evaluation Method for Public-Private Partnership Projects

The feasibility study of a public-private partnership （PPP） project is regarded as one of the critical factors for successful implementation, but unfortunately the common financial evaluation methods currently used only represent the benefits of the private sector. There is, therefore, an urgent need to develop an equitable financial evaluation method for PPP projects. This paper presents a comprehensive literature review that examines international practices. An equitable financial evaluation method was then developed taking into account the inherent characteristics of PPP projects using six separate indicators and Monte Carlo simulations. The result for a bridge project in Romania shows that the method combines the viewpoints of all the relevant stakeholders to achieve an equitable financial evaluation of PPP projects.

A fuzzy model for assessing the risk exposure of procuring infrastructure mega-projects through public-private partnership： The case of Hong Kong-Zhuhai-Macao Bridge

Considering the rapid urbanization growth rate particularly in developing countries, the number of infrastructure mega-projects over the past years has risen tremendously. Essentially, because infrastructure megaprojects require huge investment funds, better management skills, well qualified and experienced international expertise and technology innovation, they are mostly preferred to be procured using the PPP method compare to the use of the traditional bid-build system. In this regard, this paper aims to develop a fuzzy evaluation model for assessing the suitability of procuring infrastructure mega-projects through PPP by considering their risk exposure. The main body of Hong Kong-Zhuhai-Macao Bridge(HZMB)is used as a case project to demonstrate the practicality of the risk evaluation model. The risk evaluation model consists of four critical risk groupings, these include,construction and land risks, commercial risks, operational risks and political risks. Using the risk evaluation equation,a risk index of 4.53 out of 5.00 is computed for the selected project if it is procured through the PPP scheme. This outcome shows that the case project is not suitable for the PPP approach because its risk exposure is very high. The model developed will enable PPP practitioners to predict the likely risk exposure of procuring infrastructure megaprojects through the PPP scheme.

Robust public-private partnerships for joint railway and property development

The involvement of the private sector in the construction or operation of an infrastructure project may enhance the financial viability of projects, which facilitates the formation of public-private partnership(PPP) for project delivery. PPP exploits the strength of the private sector by shifting certain project risks from the public party to the private sector who can efficiently manage certain risks. In joint railway and housing development, the approach of bundling railway and housing development(R&HD) allows cross-subsidization between immense railway construction cost and profitable housing rental revenue. This approach also provides flexibility in incorporating PPP models by distributing railway and housing revenues and costs and their inherent risks properly to the public and private sectors. Ng and Lo(2015a) developed an evaluation framework for joint railway and property development, which evaluates PPPs based on financial and construction criteria for selecting the best suitable PPP for a particular project. This study,which is based on the framework in Ng and Lo(2015a),aims to examine the robustness of various PPP configurations. This study analyzes the effects of PPP configurations on stakeholders' risks and returns under population or demand growth and railway construction cost uncertainties. The eventual outcome of particular PPP configurations is also examined. This study also seeks to answer the following questions: How would optimal configuration change under highly volatile population and railway construction cost? Are there PPP configurations that are robust to these uncertainties and those that are sensitive to a particular uncertainty? This understanding is critical for managing risks and facilitating the formation of appropriate PPP for R&HD.

Experts’ perspectives on the application of public-private partnership policy in prevention of road traffic injuries

Purpose: Successful application experiences on public-private partnership (PPP) in different countries, suggest that PPP could be an option in road traffic injury (RTI) prevention. The present study aims at investigating the applicability of PPP policy in RTI prevention in Iran based on the experts’ perspectives.Methods: This is a qualitative study with grounded theory approach which has been conducted in Tabriz University of Medical Sciences, Iran in 2018. The participants were 22 experts in the field of RTIs selected using purposive sampling method. Data were collected by semi-structured interviews and analyzed with content-analysis method.Results: The results were classified under 5 main themes (applicability, scopes and services, challenges, advantages, and strategies) for applying PPP policy and 37 sub-themes. Due to the prevalence of RTIs, the present challenges in public sector, existence of qualified private sector, and successful experiences in other areas, there are opportunities for private sector partnership in prevention of RTIs. Private sector could participate in different scopes and services regarding RTI prevention, including road construction and maintenance, maintenance and provision of vehicles safety and public education. The main challenges including legislation issues, ambiguities in collaboration, political and organizational unsustain-ability, government’s financial hardship and lack of experienced experts in the field of RTI. However, there are significant advantages including high efficiency in program implementation, covering the weaknesses of public sector, effective and efficient management on application of PPP in RTI prevention. The strategies include identifying and prioritizing the assignable activities, identifying the qualified private sector, developing PPP policies and legal frameworks, creating a common language between public and private parties, trying to meet the expectations of the private sector by public sector, developing a comprehensive and sound contract, and cultivating public culture to accept private sector in the field of RTI prevention.Conclusion: This study sought to determine whether PPP could be used as strategy to reduce the burden of RTIs in Iran. But it requires a lot of preliminary studies to provide the context and conditions for applying this policy.

Uncertainty Analysis of Value for Money Assessment for Public-Private Partnership Projects

In recent years, private sectors are encouraged to take an active part in franchising of urban infrastructure investments and operations, which promotes the rapid development of public-private partnership(PPP)in infrastructure and public service supply. Value for money(VFM) assessment has been officially proposed to provide a reference for selection of projects planning to adopt PPP. Based on the bottlenecks of VFM application in China and the uncertainties for urban infrastructure PPP projects, a discounted cash flow(DCF) model is established for VFM of infrastructure PPP projects. Then, a Monte Carlo simulation model is established on the basis of uncertainty factors for VFM. Through the analysis of Huai'an trams PPP project, coping strategies of uncertainties for VFM are put forward. Findings of the research may propel the establishment of a complete VFM evaluation system for PPP projects. Key instructional functions of VFM during the process of decision-making can be brought into full play and PPP may develop orderly.

Application of Public-Private Partnership in Land Degradation Control and A Case Study

The paper reviewed the background of public-private partnership (PPP) development, described PPP concept, characteristics and basic models, and analyzed the necessity and feasibility to develop land degradation control PPP. Then the experiences that Elion Resources Group in Inner Mongolia has accumulated in Kubuqi Desert control and development as well as the revelations were summarized with the hope to provide reference for establishing land degradation control PPP in arid area of western region.

Mutual Efforts Restoring Growth in Education for Public-Private Sectors Partnership:Basis for a Proposed Action Plan

This study aimed to describe the responses of the participants to the Public-Private Sectors Partnerships(PPSP)in Education in DepEd Ibaan District,Province of Batangas,Philippines in order to achieve the schools’goals and sustain Public-Private Sectors Partnership engagement with schools in the district.This study employed the descriptive-qualitative research in which responses of 16 school heads of DepEd Ibaan District who were the respondents were coded,analyzed,and interpreted.School administrators,community stakeholders,future administrators and researchers may use the proposed plan of action as a guide in providing future directions for a Public-Private Sectors Partnerships(PPSP)in Education.

Sustainable public-private partnerships： Balancing the multi-actor ecosystem and societal requirements

The funding gap of public infrastructure networks(roads, railways, ports, electricity, and energy lines)can be solved partly by introducing private capital for investments, i.e., public-private partnerships(PPP). This paper introduces an integrated model of a PPP project and investigates its implications on PPP policies and strategies regarding appropriate project appraisal and selection. The model has different resolution levels, namely, project level,business ecosystem level, and market and societal levels.The integrated model suggests that investing in merely financially viable projects is insufficient to realize economically and socially sustainable and acceptable projects.

TENCEL^(TM)forges key partnerships to better the future of the textile industry

Under Lenzing’s on-going commitment to drive the adoption of responsible practices and circularity,the TENCEL^(TM)brand continues to participate in various initiatives with like-minded groups and organizations.These strategic partnerships help toward achieving this goal,further amplifying the reach of this important message among the textile supply chain and fashion community.