Public Private Partnership Analysis

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Public-Private Partnership as defined in the Ninth Malaysia Plan (2006) is “the transfer to the private sector the responsibility to finance and manage a package of capital investment and services including the construction, management, maintenance, refurbishment, and replacement of the public sector assets which creates a standalone business.” The Malaysian Government through the Ninth Malaysia Plan (2006), declared Public-Private Partnership as another way of procurement to accentuate participation of private sectors providers to provide public services. Both the government and society have advantage the execution of public-private partnership (Ismail & Harris, 2014). In Malaysia Public-Private Partnership, consists of Privatization and…show more content…
Every nation will achieve progress towards strong and effective infrastructures development. Infrastructures are dividing into economic infrastructure and social infrastructure. Economic and social development process depends largely on the available resources. However, Public infrastructure is necessary to rising industrial-driven economy. Public Private Partnership is one of the authorized strategies purposed to rally the industrial economic need and not reducing the social needs of the community(Markom & Ali, 2012).
Public-Private Partnership plays an important responsibility for advancing economic and social infrastructures. In economic infrastructure refers to toll-roads, bridges, tunnels, airports, seaports, and rail networks, as well as common utilities such as gas distribution networks, electricity and renewable energy production and distribution, and water treatment and distribution facilities. Public-Private Partnership has used to improve, construct, rebuild, and maintain the quality and existence of these infrastructures (Zen & Regan,
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Build Operate Transfer is type of public-private partnership. The economic development of Malaysia has meaningfully participated by Build Operate Transfer projects. The completed infrastructure increases the economy by providing good transportation facilities for the public in general and industrial sector in particular. ProjekLebuhraya Utara Selatan (PLUS) is the first Build Operate Transfer project in Malaysia. It has been taken over the highway project since 1988 and completed it in 1994. There are several Build Operate Transfer projects successfully include, ProjekLebuhraya Utara Selatan (PLUS), Lekir Bulk Terminal (LBT), Shah Alam Expressway (SAE), etc (Markom & Ali,
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