Public–Private Partnerships in Transportation Policy: The Case of Advanced Traveler Information Systems

Lawther, Wendell C.

doi:10.1080/01900690500290660

Cited by 7 publications

(6 citation statements)

References 2 publications

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“…The goal of application of PPP in transportation projects has been recognized as potentially effective means of achieving local and national transportation goals (Lawther 2005). It is also specified by Francois (2001) as follows, − Achieve and maintain an acceptable mobility level to satisfy local, regional, and national needs for the movement of people and things to their desired destinations;…”

Section: Ppp Application Case Study In Chinese Mts Systemmentioning

confidence: 99%

The Driving Factors of China's Public-Private Partnership Projects in Metropolitian Transportation Systems: Public Sector's Viewpoint

Yuan

Skibniewski

et al. 2010

Journal of Civil Engineering and Management

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Abstract. In recent years, China needs far more financing for transportation infrastructure than can be provided by the government alone. Meanwhile the capacity of the Chinese government to provide public services on its own in an effective and efficient way is being questioned and reassessed at various levels. Accordingly, the involvement of private investors in the development of Metropolitan Transportation Systems (MTS) has been promoted by the Chinese public sector by means of adopting the Public Private Partnership (PPP) model. However, China's dynamic and complex political, financial, legal and regulatory environment makes the private sector adjust to accommodate the existing regime by way of understanding the driving factors in PPP applications for improving the chances of project success. This paper presents two case studies in China's MTS. Based on a case study and comprehensive literature review, 15 driving factors associated with PPP projects from the perspective of the Chinese public sector have been identified. A structured questionnaire survey targeting the public sector has been conducted to seek, analyze and integrate its perception of the driving factors. Through statistical analysis of the relative significance of each of these driving factors, the writers determined five common major dimensions of the Chinese public sector's purpose in developing PPP schemes, and the key factors that quantify each purpose. The establishment of the measures for these objectives and the key factors that quantify each of these purposes will likely be useful in encouraging private participation in infrastructure management and directing/concentrating efforts of the private sector to deliver quality public services under mutually beneficial long-term contractual arrangements.

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Section: Ppp Application Case Study In Chinese Mts Systemmentioning

confidence: 99%

The Driving Factors of China's Public-Private Partnership Projects in Metropolitian Transportation Systems: Public Sector's Viewpoint

Yuan

Skibniewski

et al. 2010

Journal of Civil Engineering and Management

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“…Earlier, in a study of transportation information system, Lawther (2005) Build-Own-Operate (BOO) -the city government builds the smart facilities or provides the smart services using its own resources;…”

Section: C9mentioning

confidence: 99%

Factors influencing the consideration of Public-Private Partnerships (PPP) for smart city projects: Evidence from Hong Kong

Lam

Yang

2020

Cities

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“…Some researchers consider this type of partnership as the best alternative to traditional methods of the past. For example, Laoser points out that public-private partnerships for a variety of reasons, such as the provision of services with less uncertainty, the use of better technology and project-based knowledge, the achievement of contractual objectives, the benefit of long-term contracts, and the appropriate risk allocation, Outperform traditional methods of public service provision (Lawther, 2005). Others also considered the public reform movement as the "new public management" as one of the theoretical areas of the "partnership" contracts (Yescombe, 2011).…”

Section: Theoretical Background: Public-private Partnershipmentioning

confidence: 99%

Assessing Financial Risk in Public-Private Partnership Financing for Road Construction Projects in Iran Using Uncertainty Conditions Approach

Jaafarian

Ardeshir

Boyaghchi

2020

Journal of Applied Engineering Sciences

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Private section investment in the construction of transportation infrastructure, one of the most important of which is freeway projects, has been extensively used in developing countries in recent decades. However, in many cases due to the lack of necessary investigations and studies, the criteria have not been properly identified and, as a result, the proper way of participating in large-scale transport projects has resulted in numerous problems and, in some cases, project failure. However, choosing a private-public partnership will have a major impact on the success of freeway construction. However, due to the current conditions of the country’s economy, these projects are following with some risks. Therefore, in this study, the financial risk assessment of “public-private partnership” financing for road construction projects in Iran was investigated using the uncertainty approach and the BAS method. The research population of this study consisted of 23 researchers and experts with Ph.D. degree in finance with minimum degree of associate degree and experience of research and financial consulting in investment firms. According to the results, the lack of stability in planning and implementation of government programs and political risks, increases the risk of road construction projects and, in this regard, controlling the price fluctuations and bank financing of road construction projects can reduce the risk of these projects.

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Public–Private Partnerships in Transportation Policy: The Case of Advanced Traveler Information Systems

Cited by 7 publications

References 2 publications

The Driving Factors of China's Public-Private Partnership Projects in Metropolitian Transportation Systems: Public Sector's Viewpoint

The Driving Factors of China's Public-Private Partnership Projects in Metropolitian Transportation Systems: Public Sector's Viewpoint

Factors influencing the consideration of Public-Private Partnerships (PPP) for smart city projects: Evidence from Hong Kong

Assessing Financial Risk in Public-Private Partnership Financing for Road Construction Projects in Iran Using Uncertainty Conditions Approach

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