Different Perceptions of Concern Factors for Strategic Investment of The Private Sector in Public-Private Partnership Transportation Projects

Do Tien Sy, Veerasak Likhitruangsilp, Masamitsu Onishi and Phong Nguyen

MPRA Paper from University Library of Munich, Germany

Abstract: This paper identifies the concern factors of private investors associated with Public-Private Partnership (PPP) transportation projects in Vietnam. The concern factors are incorporated into four main groups: (1) company profile; (2) finance; (3) opportunities; and (4) risk perceptions. The paper examines the different perceptions by the public and private sectors about these concern factors adopted by experienced professionals related to PPP transportation projects. Based on a questionnaire survey in Vietnam, the most concern factors of private investors are their own capacity, demand issues, legal and political risks, long-term income, and financial sources issues of the PPP project. Moreover, five factors that represent the significant differences between the private and public sectors includingpolitical risks, enhancement of company’s strength in its industry, construction risks, demand issues, and financial viability of the company are also discovered. Addressing the different perceptions is indispensable to ensure the public sector can establish necessary policies that appeal to both domestic and foreign private investors. The paper at the same time hopes to provide some of lessons for the private sector.

Keywords: Concern Factors; Different Perceptions; Investment; Public-Private Partnership; Transportation; Vietnam (search for similar items in EconPapers)
JEL-codes: R00 (search for similar items in EconPapers)
Date: 2016-03-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in ASEAN Engineering Journal 2.5(2016): pp. 05-25

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