Risk assessment of port infrastructure under public-private partnership: case of Ningbo Zhenhai Harbor District

2021 ◽  
Author(s):  
Tingliu Xu ◽  
Yingjie Xiao ◽  
Qin Lin
Keyword(s):  
Risk Assessment ◽  
Public Private Partnership ◽  
Private Partnership ◽  
Port Infrastructure

scholarly journals USING FUZZY ANALYTIC NETWORK PROCESS AND ISM METHODS FOR RISK ASSESSMENT OF PUBLIC-PRIVATE PARTNERSHIP: A CHINA PERSPECTIVE

2019 ◽  
Vol 25 (2) ◽  
pp. 168-183 ◽  
Author(s):  
Yan Li ◽  
Xinyu Wang
Keyword(s):  
Risk Factors ◽  
Risk Assessment ◽  
Assessment Tool ◽  
Analytic Network Process ◽  
Interest Rate Risk ◽  
Public Private Partnership ◽  
Interpretive Structural Modeling ◽  
Private Partnership ◽  
Network Process ◽  
Fuzzy Analytic Network Process

The public-private partnership (PPP) has been adopted globally to meet intensifying demands for public facilities and services. However, PPP projects contain a variety of risks which may lead to project failure. Many researchers have explored risk factors associated with PPP projects in developing countries. However, these investigations have limited their aim to understanding risk impact without considering the interactions of these factors. Hence, to fill this gap, this study proposes a risk assessment method, addressing vital interrelationships and interdependencies. Two methodologies, fuzzy analytic network process (F-ANP) and interpretive structural modeling (ISM), were applied to avoid vagueness and data inaccuracies. The primary contributions of this paper were considering the relationships among risk factors and risk priority; and offering a risk analysis approach based on linguistic scales and fuzzy numbers to reflect different neutral, optimistic and pessimistic viewpoints from expert respondents’ judgments. Results from this analysis showed that legal and policy risk was the most influential and interdependent risk, and interest rate risk was the most essential risk in Chinese PPP projects. The ISM structure diagram demonstrated that most of 35 identified risk factors had high driving and dependence power. This study proposed a systematic and practical method to identify and assess PPP risk factors, utilizing an integrated approach consisting of F-ANP and ISM, which has not been used for risk assessment in the construction field. This paper provides a new risk assessment tool and a basis for risk management strategies in the construction engineering and management field.

scholarly journals Developing an AHP Risk Assessment Model for PPP Projects in Jordan

2021 ◽  
Author(s):  
Maram Almuhisen ◽  
◽  
Hüseyin Gökçekuş ◽  
Tahir Çelik ◽  
◽  
...  
Keyword(s):  
Risk Factors ◽  
Risk Assessment ◽  
Success Factors ◽  
Quantitative Model ◽  
Public Private Partnership ◽  
Assessment Model ◽  
Study Phase ◽  
Private Partnership ◽  
Factors Affecting ◽  
Goods And Services

For the Jordanian government, meeting the growing demand for goods and services on its own is very difficult, leading to the increased dependence on other sectors of society. This research is aimed at understanding the critical success factors of local public-private partnership projects, identifying the most vital risk factors affecting projects, and establishing a quantitative model for risk assessment. The model can assist public-private partnership contributors by transforming the basic risk assessment principles into a more facilitated and systematic arithmetical based approach. The results showed that the risk factors with the highest ranks (respectively) are transfer phase, organizational risks, financing phase, project management risks, and feasibility study phase. The research is ultimately aimed at developing a framework for the risk evaluation of public-private partnerships within the construction industry in Jordan.

Reforming the Indian Port Sector

2018 ◽  
Vol 10 (1-3) ◽  
pp. 73-84
Author(s):  
Afaq Hussain
Keyword(s):  
Regional Development ◽  
Vital Role ◽  
Public Private Partnership ◽  
Port Development ◽  
National Integration ◽  
Private Partnership ◽  
Maritime Traffic ◽  
World Markets ◽  
Port Infrastructure ◽  
The Impact

The port sector is a strong driver of economic and regional development and national integration to world markets. In the case of India, the port sector has played a vital role in sustaining growth in the country’s trade and commerce. However, the growth of trade and subsequent maritime traffic has fast outpaced the development of port infrastructure in India. Against the background of government initiatives in this sector, the objective of this article is to contextualize the importance of port sector development, specifically the impact that improvements in infrastructure quality can have on India’s global trade. This article also highlights the challenges that need to be addressed in order to achieve the vision of a reformed and effective Indian port sector, as well as the importance of involving private players in port development in India through public–private partnership (PPP) projects.

Empirical Study of Risk Assessment and Allocation of Public-Private Partnership Projects in China

2011 ◽  
Vol 27 (3) ◽  
pp. 136-148 ◽  
Author(s):  
Albert P. C. Chan ◽  
John F. Y. Yeung ◽  
Calvin C. P. Yu ◽  
Shou Qing Wang ◽  
Yongjian Ke
Keyword(s):  
Risk Assessment ◽  
Empirical Study ◽  
Public Private Partnership ◽  
Private Partnership
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