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Keywords: Procurement
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Journal Articles
Is BOT the best financing model to procure infrastructure projects?: A case study of the Hong Kong‐Zhuhai‐Macau Bridge
Available to Purchase
Journal of Property Investment & Finance (2009) 27 (3): 290–302.
Published: 24 April 2009
... literature, some BOT projects were less successful than the others. This paper aims to find out why this is so and to explore whether BOT is the best financing model to procure major infrastructure projects. Design/methodology/approach The benefits of BOT will first be reviewed. Some completed BOT...
Journal Articles
Reasons for implementing public private partnership projects: Perspectives from Hong Kong, Australian and British practitioners
Available to Purchase
Journal of Property Investment & Finance (2009) 27 (1): 81–95.
Published: 06 February 2009
..., and as a result illustrate a clearer understanding of the process. PPP was first introduced in the United Kingdom in 1992, in the form of Private Finance Initiative (PFI) as a way of procuring public infrastructure by getting the private sector to finance, build and operate it under contracts typically lasting...
Journal Articles
Lessons from the private finance initiative in the UK: Benefits, problems and critical success factors
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Journal of Property Investment & Finance (2005) 23 (5): 412–423.
Published: 01 October 2005
... The research is based around 11 semi‐structured interviews conducted with stakeholders in key PFI projects in the UK. Findings The research demonstrates that value for money and risk transfer are key success criteria. High procurement and transaction costs are a feature of PFI projects, and the large‐scale...
