Original scientific paper

Public Private Partnership In China: Where To From Here

Yongjian Ke ; School of Architecture and Built Environment, The University of Newcastle, Callaghan, Australia
Marcus Jefferies ; School of Architecture and Built Environment, The University of Newcastle, Callaghan, Australia
Asheem Shrestha ; Faculty of Architecture Building and Planning, The University of Melbourne, Parkville, Australia
Xiao-Hua Jin ; School of Computing, Engineering and Mathematics, The University of Western Sydney, Kingswood, Australia

Abstract

The Chinese government has shown an active attitude in
encouraging and supporting the participation of private investors in the provision of public infrastructure and services. There is a huge investment opportunity for Public Private Partnership (PPP) in China. However, China has immature regulatory and institutional PPP frameworks. This paper hence aims to review the application of PPP in China and consequently draw lessons for future references. It was found that China has a wealth of experience with PPP under the strong support of central and subnational governments. Given the tremendous economic growth and immense demand for infrastructure, China will continue to have a massive demand for future PPP projects. This paper is important as its contribution is to summarize the application of PPP in China in terms of opportunities, current usage and future trends.

Keywords

Public Private Partnership; Infrastructure Development; China

Hrčak ID:

135309

URI

https://hrcak.srce.hr/135309

Publication date:

30.12.2014.

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