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Factors Affecting Public-Private Partnership Preference in Vietnam Road Infrastructure Projects
Private sector plays the vital role in the success of road infrastructure development in the form of public-private partnership (PPP) in Vietnam. However, factors significantly influencing private partners’ willingness to participate in road PPP projects remain unclear. The paper aims at studying factors affecting private sector investment decision in road PPP projects. The research has conducted literature reviews and questionnaire surveys concerning the road PPP projects that have been implemented in Vietnam, identifying 26 factors that can be grouped into seven major components using principal component factor analysis. Using the linear regression model and the data from a questionnaire survey, the findings reveal that three variables have a significant coefficient, including lender support, public support, capacity and experience of the private sector. The result can offer suggestions, including a theoretical basis and practical guidance for government to encourage private partners to participate in road PPP projects.
Factors Affecting Public-Private Partnership Preference in Vietnam Road Infrastructure Projects
Private sector plays the vital role in the success of road infrastructure development in the form of public-private partnership (PPP) in Vietnam. However, factors significantly influencing private partners’ willingness to participate in road PPP projects remain unclear. The paper aims at studying factors affecting private sector investment decision in road PPP projects. The research has conducted literature reviews and questionnaire surveys concerning the road PPP projects that have been implemented in Vietnam, identifying 26 factors that can be grouped into seven major components using principal component factor analysis. Using the linear regression model and the data from a questionnaire survey, the findings reveal that three variables have a significant coefficient, including lender support, public support, capacity and experience of the private sector. The result can offer suggestions, including a theoretical basis and practical guidance for government to encourage private partners to participate in road PPP projects.
Factors Affecting Public-Private Partnership Preference in Vietnam Road Infrastructure Projects
Lecture Notes in Civil Engineering
Ha-Minh, Cuong (editor) / Tang, Anh Minh (editor) / Bui, Tinh Quoc (editor) / Vu, Xuan Hong (editor) / Huynh, Dat Vu Khoa (editor) / Nguyen, Hong Thai (author) / Le Thu, Huyen (author) / Thach, Minh Quan (author) / Pham Diem, Hang (author)
CIGOS 2021, Emerging Technologies and Applications for Green Infrastructure ; Chapter: 154 ; 1525-1533
2021-10-28
9 pages
Article/Chapter (Book)
Electronic Resource
English
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