摘要: |
Critical Success Factors (CSFs) for Public Private Partnership (PPP) infrastructure projects is a significant area of research worldwide. This study aims to methodically identify and analyze the top most CSFs for implementing PPPs which are cited mostly in the top tier journals from 1992 to 2015. This search is done using search engines by restricting the area of search within the boundaries of CSFs for PPP projects. The search results indicate an increasing and diverse research trend in exploring the CSFs for PPP projects worldwide since 1992 as well as CSFs of Asian countries in China, Singapore, Thailand, Taiwan, Hong Kong and Malaysia. The top 10 identified CSFs are: (1) Appropriate risk allocation and sharing, (2) Competitive and transparent procurement process, (3) Stable and Transparent Political Situation, (4) Technical Capabilities, (5) Well Defined Contracts, (6) Legal Framework, (7) Available Finance Market, (8) Economic Viability, (9) Strong Private Consortium, and (10) Strong Government support and guarantee. It is further noticed that different CSFs came up through the research works by the passage of time and their diversity in Asian countries. Finally, the findings provide an overview of CSFs for implementing PPPs so as to enhance future implementations. Moreover a checklist of CSFs for PPPs has been suggested which can be used for further researches. |