Title :
Argumentation on adopting PPP schemes in Chinese urban subway projects
Author :
Jing, Li H. ; Yan, Li C. ; Shan, Xu S.
Author_Institution :
Collage of Economic & Manage., Northeast Forestry Univ., Harbin, China
Abstract :
Make overall evaluation on the feasibility of applying PPPs in Chinese subway projects by extensive literature review on past studies and obtained expert-opinion in the paper. Appraise whether PPP is an appropriate candidate provision scheme for subway infrastructures in China, and take the argumentations from two internal factors: economic attributes of subway infrastructures and operational characteristics of subway projects; and two external factors: which crucial preconditions of implementing PPP have been met, potential benefits and restrictions of adopting PPP in Chinese subway projects. It can be concluded that PPP is a feasible option for the Chinese governments in subway construction projects compared with the unsustainable traditional complete public provision scheme. The Chinese governments must be aware of the latent challenges confronted by them when recognizing the benefits produced by adopting PPP schemes in subways.
Keywords :
construction; economics; project management; public administration; Chinese governments; Chinese urban subway construction projects; PPP Schemes; candidate provision scheme; economic attributes; public-private-partnership; subway infrastructures; Appraisal; Asset management; Cities and towns; Contracts; Costs; Financial management; Forestry; Investments; Local government; Project management; Chinese subway projects; Public-Private-Partnership; evaluation; influencing factors;
Conference_Titel :
Information Management and Engineering (ICIME), 2010 The 2nd IEEE International Conference on
Conference_Location :
Chengdu
Print_ISBN :
978-1-4244-5263-7
Electronic_ISBN :
978-1-4244-5265-1
DOI :
10.1109/ICIME.2010.5478161
