1
Enhancing financial viability through government support mechanism in Public Private Partnership (PPP) contractual framework | |
Author | Agustina, Yessie |
Call Number | AIT Thesis no.CM-06-16 |
Subject(s) | Public-private sector cooperation |
Note | A thesis submitted in partial fulfillment of the requirement for the degree of Master of Engineering in Construction Engineering and Infrastructure Management, School of Engineering and Technology |
Publisher | Asian Institute of Technology |
Abstract | An appropriate arrangement within the Public Private Partnership (PPP) contractual framework is essential to ensure the financial viability of the project. The project investors are only willing to invest whenever they are confident that their investment will be reimbursed in time and in full with the interest. Due to the complex nature and numerous risks, PPP project will not be able to success unless government gives necessary support. It creates favorable political and legal investment environment as well as maintains a balance risk allocation structure. This research identifies and evaluates government support mechanism in eight PPP contractual framework parameters: (1) land acquisition and site suitability; (2) cost of finance; (3) financial gain; (4) assurance of performance; (5) political, legislative, and regulations; (6) public interest and environmental issue; (7) force majeure; and (8) contract termination and default situation, for the project to work smoothly. Four power plant projects from Asian developing countries are discussed. The research outputs will facilitate both government and private sector in selecting appropriate alternatives of government support mechanism regarding to particular project circumstances |
Year | 2006 |
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) | Ogunlana, Stephen 0. ;Hadikusumo, B. Harimurti W. ;Andi ; |
Degree | Thesis (M.Eng.) - Asian Institute of Technology, 2006 |