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Critical Success Factors for PPPs in Infrastructure Developments: Chinese Perspective

机译：中国视角下PPP在基础设施发展中的关键成功因素

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摘要

With the rapid growth of the Chinese economy, the desperate demand for infrastructure developments has created bottlenecks in the country's sustainable development. Infrastructure investment could not be funded completely by the government alone. Taking Beijing as an example, there will be about 2,400 infrastructure projects to be developed during 2006-2010 with a total investment of over RMB 470 billion, which may impose budgetary pressure on the government. As a result, public-private partnership (PPP) could be considered as a favorable option to help provide these rapidly demanded public works and services. In order to investigate the potential for adopting PPPs in the People's Republic of China, this paper aims to explore the critical success factors (CSFs) necessary to conduct PPP projects. The views from Chinese experts were collected via an empirical questionnaire survey. The respondents were invited to rate a total of 18 CSFs that contribute to the success of PPP projects as gleaned from the contemporary literature. The results of this survey were analyzed by the factor analysis technique. The findings showed that the 18 CSFs could be grouped into five underlying factors including: Factor 1-stable macroeconomic environment; Factor 2-shared responsibility between public and private sectors; Factor 3-transparent and efficient procurement process; Factor 4-stable political and social environment; and Factor 5-judicious government control.
机译：随着中国经济的快速增长，对基础设施发展的迫切需求已成为中国可持续发展的瓶颈。基础设施投资不能仅由政府完全资助。以北京为例，2006-2010年将开发约2400个基础设施项目，总投资超过4700亿元人民币，这可能会给政府带来预算压力。因此，公私合营（PPP）可以被视为帮助提供这些急需的公共工程和服务的有利选择。为了研究在中国采用PPP的潜力，本文旨在探讨开展PPP项目所必需的关键成功因素（CSF）。中国专家的意见是通过实证问卷调查收集的。根据当代文献，邀请受访者对总共18个对PPP项目成功做出贡献的CSF进行评分。本调查的结果通过因子分析技术进行了分析。研究结果表明，这18个CSF可以分为五个基本因素，包括：稳定因素1的宏观经济环境；公共和私营部门之间的因素2分担责任；要素3透明高效的采购流程；因子4稳定的政治和社会环境；以及因素5：明智的政府控制。

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    Albert P. C. Chan; Patrick T. I. Lam; Daniel W. M. Chan; Esther Cheung; Yongjian Ke;

  • 作者单位

    Dept. of Building and Real Estate, The Hong Kong Polytechnic Univ., Hung Horn, Kowloon, Hong Kong Special Administrative Region, China;

    Dept. of Building and Real Estate, The Hong Kong Polytechnic Univ., Hung Horn, Kowloon, Hong Kong Special Administrative Region, China;

    Dept. of Building and Real Estate, The Hong Kong Polytechnic Univ., Hung Horn, Kowloon, Hong Kong Special Administrative Region, China;

    Dept. of Building and Real Estate, The Hong Kong Polytechnic Univ., Hung Horn, Kowloon, Hong Kong Special Administrative Region, China;

    Dept. of Construction Management, Tsinghua Univ., Beijing 100084, China;

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  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

    China; infrastructure; partnerships; private sector; procurement;

    机译：中国;基础设施;伙伴关系;私营部门;采购;

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