Identification of Various Execution Modes and Their Respective Risks for Public–Private Partnership (PPP) Infrastructure Projects

Muhammad Akhtar; Nadeem Ahmad Mufti; Sajjad Mubin; Muhammad Qaiser Saleem; Sadaf Zahoor; Sanna Ullah

doi:10.3390/buildings13081889

Buildings (Jul 2023)

Identification of Various Execution Modes and Their Respective Risks for Public–Private Partnership (PPP) Infrastructure Projects

Muhammad Akhtar,
Nadeem Ahmad Mufti,
Sajjad Mubin,
Muhammad Qaiser Saleem,
Sadaf Zahoor,
Sanna Ullah

Affiliations

Muhammad Akhtar: Faculty of Mechanical Engineering, Department of Industrial & Manufacturing Engineering, University of Engineering & Technology, Lahore 54890, Pakistan
Nadeem Ahmad Mufti: Faculty of Mechanical Engineering, Department of Industrial & Manufacturing Engineering, University of Engineering & Technology, Lahore 54890, Pakistan
Sajjad Mubin: Faculty of Civil Engineering, Department of Architectural Engineering and Design, University of Engineering & Technology, Lahore 54890, Pakistan
Muhammad Qaiser Saleem: Faculty of Mechanical Engineering, Department of Industrial & Manufacturing Engineering, University of Engineering & Technology, Lahore 54890, Pakistan
Sadaf Zahoor: Faculty of Mechanical Engineering, Department of Industrial & Manufacturing Engineering, University of Engineering & Technology, Lahore 54890, Pakistan
Sanna Ullah: Faculty of Management Sciences, University of Central Punjab, Lahore 54782, Pakistan

DOI: https://doi.org/10.3390/buildings13081889
Journal volume & issue: Vol. 13, no. 8
p. 1889

Abstract

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The public–private partnership (PPP) based model for the execution of infrastructure projects originated from Anglo-Saxon countries and was initially used in 1977 by the United Kingdom (U.K). Since then, its popularity has increased worldwide. Earlier studies by researchers and many other professional sectors and departments have introduced PPP contracts into different execution modes like Build, Operate, and Transfer (BOT); Build, Own, Operate, and Transfer (BOOT); and Build, Lease, and Transfer (BLT), etc. All definitions of PPP contracts are different but have a few common characteristics and risks. Previously, numerous pieces of literature were available on these common risks for various execution modes of PPP contracts. However, each PPP mode still has unique risks that must be identified to understand and successfully implement the PPP projects properly. This paper fills the gap mentioned above and aims to identify various commonly used PPP execution modes in infrastructure projects and their corresponding risks after placing the different PPP execution modes into four (04) different categories. Identified risks for the corresponding PPP categories were also divided into seven (07) stages of the PPP life cycle. Semi-structured interviews were conducted to gather information from thirty-four (34) PPP experts worldwide. Accordingly, interviews are transcribed and processed for thematic analysis in academic NVIVO software. These identified risks are further placed in the respective PPP category for the convenience and better understanding of the study’s outcome to the users and for the subsequent prioritization and allocation of these identified risks accordingly to the PPP parties during the finalization of the PPP execution mode.

Published in Buildings

ISSN: 2075-5309 (Online)
Publisher: MDPI AG
Country of publisher: Switzerland
LCC subjects: Technology: Building construction
Website: https://www.mdpi.com/journal/buildings

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