Key interactive activities and risks of PPP infrastructure development projects : the mass rapid transit in Thailand | |
| Author | Thotsaphol Rattananapalai |
| Call Number | AIT Thesis no.CM-09-04 |
| Subject(s) | Public-private sector cooperation--Thailand Local transit--Thailand |
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Construction Engineering and Infrastructure Management |
| Publisher | Asian Institute of Technology |
| Abstract | Due to increasing of the infrastructure projects, the public private partnership approach is getting more using. However, the public private partnership project development is complicated with the interrelation between public and private sector. For that reason, both public and private sector are getting into many problems along project life cycle. Therefore, it is necessary to have a study concerned with the development of public private partnership project along project life cycle. This research aims to investigate the interaction between public and private sector in project life cycle of PPP project. It also identifies the key risks and key activities along the project development. In order to achieve the objective of research, the research uses case study approach as a research design. The process begins with framework identification that comprises of activity identification, framework development and framework verification. The selected PPP case study is the first underground mass rapid transit in Thailand. It continues with the data collection that uses the documentation, archival record and interview. The data analysis is conducted towards the case study evidences using explain and describe method to reveal and explain the important evidences. Results from the analysis were found that the case study met twenty-six risks along the project development. It has nine, two, one, four, five and five risks in conceptual, tendering, financing, design and planning, construction and operation and maintenance phase, respectively. However, the concession agreement between public and private sector had covered only nine risks without any clause in first four phases. The key activities in PPP project development were found out: demand-supply assessment, signing concession agreement, developing financing plan, procuring outline and definitive design, revenue service commencement and operating and maintaining facilities. Then the key risks were found out: uncertainty of government policy, poor public decision making process, delay in financial closure, unavailability of fund, service commencement delay and revenue shortfall. Finally, the interactive model between public and private sector and risks relationship model were illustrated in this research. |
| Year | 2009 |
| Type | Thesis |
| School | School of Engineering and Technology (SET) |
| Department | Department of Civil and Infrastucture Engineering (DCIE) |
| Academic Program/FoS | Construction Engineering and Infrastructure Management (CM) |
| Chairperson(s) | Chotchai Charoenngam; |
| Examination Committee(s) | Hadikusumo, B. H. W.;Santi Charoenpornpattana; |
| Scholarship Donor(s) | RTG Fellowship; |
| Degree | Thesis (M.Eng.) - Asian Institute of Technology, 2009 |