Is Public–Private Partnership (PPP) a Preferred Strategy for Procuring Smart Infrastructure in Developed Countries: An Empirical Study of the Perceived Benefits, Barriers and Recommended Strategies
Abstract
:1. Introduction
2. Literature Review: Significance and Use of Public–Private Partnership (PPP) in Smart Infrastructure Developments in Developed Countries
3. Development of the Research Framework and Hypotheses
- HE1a, HE1b, HE1c: PLBE have positive influence on S1, S2, S3, respectively
- HE2a, HE2b, HE2c: FEBE have positive influence on S1, S2, S3, respectively
- HE3a, HE3b, HE3c: TBE have positive influence on S1, S2, S3, respectively
- HE4a, HE4b, HE4c: SBE have positive influence on S1, S2, S3, respectively
- HB1a, HB1b, HB1c: FB have negative influence on S1, S2, S3, respectively
- HB2a, HB2b, HB2c: LSPB have negative influence on S1, S2, S3, respectively
- HB3a, HB3b, HB3c: SB have negative influence on S1, S2, S3, respectively
- HB4a, HB4b, HB4c: TB have negative influence on S1, S2, S3, respectively
- HR1a, HR1b, HR1c: SREF have positive influence on S1, S2, S3, respectively
- HR2a, HR2b, HR2c: LREF have positive influence on S1, S2, S3, respectively
- HR3a, HR3b, HR3c: TREF have positive influence on S1, S2, S3, respectively
- HR4a, HR4b, HR4c: SRF have positive influence on S1, S2, S3, respectively
- HR5a, HR5b, HR5c: FREF have positive influence on S1, S2, S3, respectively
4. Research Methodology
4.1. Research Approach
4.2. Data Collection
- Phase 1: A comprehensive literature review was carried out to review the concepts of SI, importance of SI for developed countries, and to review the importance of PPP in SI developments in developed countries. Further, factors affecting PPP in SI projects were identified through the published literature.
- Phase 2: Ten expert interviews were conducted to identify the factors affecting the success of PPP in SI development projects in developed countries and to categorize the identified factors into the constructs. Then, the factors identified through the literature review were combined with the factors identified from the expert interviews and the final set of factors was validated based on the expert opinions obtained through interviews.
- Phase 3: A pilot survey of the questionnaire was conducted to test the research tools such as questions, survey structure, and distribution channels. The target population of the pilot survey included both academic and industry practitioners (five experts from academia and five experts from the industry), who have expertise, knowledge, and experience in PPP and SI developments. As per the received feedback, the questionnaire was revised to improve the clarity and to be more user-friendly and understandable.
- Phase 4: Subsequent to phase 3, the international questionnaire survey in the developed countries was conducted to evaluate the factors affecting the success of PPP in SI development projects in developed countries. The structure of the questionnaire and target population are explained below.
4.3. Data Analysis
5. Research Findings and Discussion
5.1. Benefits and Enablers for Adopting PPPs in SI Developments in Developed Countries
5.1.1. Measurement Model Evaluation
5.1.2. Structural Model Evaluation
5.2. Barriers to Adopting PPPs in SI Development Projects in Developed Countries
5.2.1. Measurement Model Evaluation
5.2.2. Structural Model Evaluation
5.3. Recommended Strategies and Enhancing Factors for Improving PPPs in Delivering SI Development Projects in Developed Countries
5.3.1. Measurement Model Evaluation
5.3.2. Structural Model Evaluation
6. Discussion
6.1. Benefits and Enablers for Adopting PPPs in SI Development Projects in Developed Countries
6.2. Barriers to Adopting PPPs in SI Development Projects in Developed Countries
6.3. Recommended Strategies and Enhancing Factors for Improving PPPs in Delivering SI Development Projects in Developed Countries
7. Conclusions
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
References
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Factors Affecting the Success of PPP in Delivering SI | Literature Source |
---|---|
Statutory/Regulatory provisions to supplement government resources in PPP | [20] |
Supportive legal framework | [3,16,20] |
‘PPP-friendly’ (favorable) policies | [3,16] |
Political influences and instability of collaboration commitments to the private sector | [27] |
Unstable governments or frequent political shifts | [27] |
High cost of development of SI | [3,20,27] |
Restrictive and/or complex financial infrastructure | [28] |
Uneven and inefficient risk allocation of PPP projects | [3,16,29] |
Lack of local and foreign investors in delivering SI | [3] |
Need of advanced technological capacities and/or adaptability for SI | [3,16,20] |
Higher construction risk if using smart technologies and PPP approaches | [3] |
Public/community support | [30,31] |
Understanding and acceptability of PPP delivery modalities by the general public | [3,20] |
Lack of knowledge and competencies of both the public and private parties | [3,20,32,33] |
Multistakeholder coordination complexities | [3,20] |
Constructs for Benefits and Enablers | Code | Measurement Items | |
---|---|---|---|
1. | ‘Political and Legal’ (PLBE) | PLBE 1 | Clear government objectives |
PLBE 2 | Favorable investment climate | ||
PLBE 3 | Supportive legal framework | ||
PLBE 4 | Flexible existing regulations and procurement guidelines | ||
PLBE 5 | ‘PPP-friendly’(favorable) policies | ||
PLBE 6 | Statutory/Regulatory provisions to supplement Government resources in PPP in delivering SI development projects | ||
PLBE 7 | Clear and proactive PPP guidelines | ||
PLBE 8 | Desire to have public sector administration cost reductions | ||
2. | ‘Financial and Economic’ (FEBE) | FEBE 1 | Sound economic policies |
FEBE 2 | High cost of SI development | ||
FEBE 3 | Tax benefits | ||
FEBE 4 | Independent competitive tendering | ||
FEBE 5 | High potential for financial investments | ||
3. | ‘Technical’ (TBE) | TBE 1 | Efficient PPP project management |
TBE 2 | Private sector innovativeness in smart technologies | ||
TBE 3 | Drivers to upgrade and/or adapt technological capacities | ||
TBE 4 | Previously used PPP frameworks/management models | ||
TBE 5 | Drivers to increase “value for money” from SI services through more-efficient, lower-cost, and/or reliable services | ||
4. | ‘Social’ (SBE) | SBE 1 | Societal needs/‘demand’ for Smart Infrastructure |
SBE 2 | Public/community support | ||
SBE 3 | General public’s understanding and acceptability of PPP delivery methods | ||
SBE 4 | Ensuring proper knowledge transfer from the private partner to the public partner | ||
SBE 5 | Drivers to create more local job opportunities | ||
Constructs for Barriers | Code | Measurement Items | |
1. | ‘Financial and Economic’ (FB) | FB 1 | Restrictive and/or complex financial structure |
FB 2 | Currency rate fluctuations | ||
FB 3 | Unavailability of investor-friendly tax conditions | ||
FB 4 | Tariff changes | ||
FB 5 | Uneven and inefficient risk allocation of PPP projects | ||
FB 6 | Lack of adequate local and foreign investors with financial capacities to fund SI | ||
2. | ‘Legal and Sociopolitical’ (LSPB) | LSPB 1 | Weak/inconsistent legal PPP framework |
LSPB 2 | Unavailability/lack of relevant policies | ||
LSPB 3 | Political influences and instability in selecting and administering private sector collaborations | ||
LSPB 4 | Lack of government support for private sector collaboration | ||
LSPB 5 | Inconsistent administrative systems | ||
LSPB 6 | Dishonest/unethical practices and corruption | ||
LSPB 7 | Barriers to transferring ownership/management control of the assets and/or repatriating funds | ||
LSPB 8 | Lack of confidence of the government in private sector collaborators | ||
LSPB 9 | Frequent political/policy shifts affecting SI development and operations | ||
LSPB 10 | Lack of accountability in governance | ||
LSPB 11 | Lack of mechanisms to attract long-term finance from private sources | ||
LSPB 12 | Less competition due to high tendering costs | ||
3. | ‘Social’ (SB) | SB 1 | Lack of related knowledge and competencies of the various stakeholders |
SB 2 | Citizens’ general reluctance to accept private sector involvement | ||
SB 3 | Public opposition due to perceptions of risks of involving private sector in using PPP (rather than only Government) in SI development | ||
SB 4 | Inconsistency between the interests of citizens and private investors | ||
SB 5 | Privacy concerns (e.g., the need to maintain confidentiality of personal information) | ||
SB 6 | Unawareness due to absence of well-defined benefits in SI that would improve citizens’ quality of life | ||
SB 7 | Multi-stakeholder coordination complexities | ||
SB 8 | Lack of a PPP-conducive national culture | ||
SB 9 | Lack of private sectors’ consideration on sustainable construction and development | ||
4. | ‘Technical’ (TB) | TB 1 | Unclear scope of work |
TB 2 | Higher construction risk of using smart technologies | ||
TB 3 | Difficulties in evaluating dissimilar PPP Proposals/Tenders and their potential impacts | ||
TB 4 | Complex decision making process due to excessive variables and scenarios involved in smart-infrastructure projects | ||
TB 5 | Lack of ‘intellectual property rights’ protection | ||
TB 6 | Lack of critical resources available to the private parties | ||
TB 7 | Security shortfalls (against ‘hacking’/sabotage) and resilience of some smart systems | ||
TB 8 | Inefficient provisions in facility operation and maintenance | ||
TB 9 | Lack of reliable support-infrastructure | ||
Constructs for Recommended Strategies and Enhancing Factors | Code | Measurement Items | |
1. | ‘Stakeholder’ Related (SREF) | SREF 1 | Appropriate equitable risk allocation and sharing |
SREF 2 | Clarity of roles, responsibilities, and potential rewards among contracting parties | ||
SREF 3 | Effective stakeholder management | ||
SREF 4 | Strong support from local banks and other relevant bodies | ||
2. | ‘Legal and Sociopolitical’ Related (LREF) | LREF 1 | Stable and consistent laws, regulations, and policies |
LREF 2 | Proactive national policy for PPP in SI development | ||
LREF 3 | Proactive ‘PPP and SI’-friendly laws and regulations | ||
LREF 4 | Protection mechanisms against political volatility | ||
LREF 5 | High transparency of the procurement process | ||
LREF 6 | Extensive vendor and end-user engagement in designing the appropriate PPP structure | ||
LREF 7 | Encouraging competitive bidding from private participants with innovative alternative smart solutions | ||
LREF 8 | Ensuring project continuity and end-user benefits through a long-term commitment | ||
LREF 9 | Enabling public and/or private sectors’ equity stakes in innovative PPP SI projects | ||
3. | ‘Technical’ Related (TREF) | TREF 1 | Defining minimum functional needs with requisite technical specifications |
TREF 2 | Well-structured, equitable, and enforceable contracts | ||
TREF 3 | Highly transparent contracting process | ||
TREF 4 | Periodic high-level reviews and remedial actions throughout the whole project delivery process | ||
TREF 5 | Mechanisms for faster project implementations | ||
TREF 6 | Moving from silo-based to collaborative team working | ||
4. | ‘Social’ Related (SRF) | SRF 1 | Effective frequent engagement with end-users and the general public |
SRF 2 | Community capacity building | ||
SRF 3 | Citizen centric decision making process | ||
SRF 4 | Ensuring more tangible benefits for the general public | ||
5. | ‘Financial’ Related (FREF) | FREF 1 | Proactive facilitation of capital and finance |
FREF 2 | Proactive addressing of the private sector’s financial priorities and concerns |
Demographics | Category | Number of Responses | Percentage |
---|---|---|---|
Profession | Engineer | 42 | 42% |
Surveyor | 16 | 16% | |
Researcher | 18 | 18% | |
Project Manager | 12 | 12% | |
Architect | 12 | 12% | |
Sector type | Public Sector | 35 | 35% |
Private Sector | 58 | 58% | |
Both Sectors | 7 | 7% | |
Years of professional experience | Above 15 years | 19 | 19% |
10–15 years | 42 | 42% | |
5–10 years | 33 | 33% | |
Less than 5 years | 6 | 6% | |
Country/Region | Hong Kong | 29 | 29% |
Switzerland | 11 | 11% | |
Australia | 13 | 13% | |
United Kingdom | 9 | 9% | |
Canada | 4 | 4% | |
Netherlands | 2 | 2% | |
New Zealand | 7 | 7% | |
United States | 9 | 9% | |
Singapore | 7 | 7% | |
Oman | 9 | 9% |
Construct | Measurement Item Code | Factor Loading | Cronbach’s Alpha | Rho_A | Composite Reliability | AVE |
---|---|---|---|---|---|---|
FEBE | FEBE 1 | 0.885 | 0.779 | 0.808 | 0.858 | 0.604 |
FEBE 2 | 0.727 | - | - | - | - | |
FEBE 4 | 0.653 | - | - | - | - | |
FEBE 5 | 0.824 | - | - | - | - | |
PLBE | PLBE 1 | 0.879 | 0.950 | 0.951 | 0.958 | 0.740 |
PLBE 2 | 0.892 | - | - | - | - | |
PLBE 3 | 0.824 | - | - | - | - | |
PLBE 4 | 0.885 | - | - | - | - | |
PLBE 5 | 0.851 | - | - | - | - | |
PLBE 6 | 0.863 | - | - | - | - | |
PLBE 7 | 0.901 | - | - | - | - | |
PLBE 8 | 0.783 | - | - | - | - | |
SBE | SBE 1 | 0.892 | 0.831 | 0.837 | 0.887 | 0.664 |
SBE 2 | 0.802 | - | - | - | - | |
SBE 3 | 0.784 | - | - | - | - | |
SBE 4 | 0.775 | - | - | - | - | |
TBE | TBE 1 | 0.882 | 0.808 | 0.827 | 0.869 | 0.573 |
TBE 2 | 0.617 | - | - | - | - | |
TBE 3 | 0.789 | - | - | - | - | |
TBE 4 | 0.697 | - | - | - | - | |
TBE 5 | 0.773 | - | - | - | - |
Measurement Item Code | FEBE | PLBE | S1 | S2 | S3 | SBE | TBE |
---|---|---|---|---|---|---|---|
FEBE | 0.777 | - | - | - | - | - | - |
PLBE | 0.723 | 0.860 | - | - | - | - | - |
S1 | 0.640 | 0.686 | 1.000 | - | - | - | - |
S2 | 0.540 | 0.807 | 0.561 | 1.000 | - | - | - |
S3 | −0.628 | −0.749 | −0.569 | −0.522 | 1.000 | - | - |
SBE | 0.738 | 0.751 | 0.701 | 0.576 | −0.569 | 0.815 | - |
TBE | 0.734 | 0.784 | 0.770 | 0.557 | −0.643 | 0.870 | 0.757 |
Paths | Standard Deviation | t-Value | p-Value |
---|---|---|---|
FEBE—S1 | 0.097 | 1.019 | 0.308 |
FEBE—S2 | 0.091 | 0.545 | 0.586 |
FEBE—S3 | 0.087 | 3.812 | 0.000 |
PLBE—S1 | 0.122 | 1.391 | 0.164 |
PLBE—S2 | 0.130 | 7.394 | 0.000 |
PLBE—S3 | 0.159 | 3.491 | 0.000 |
SBE—S1 | 0.137 | 0.274 | 0.784 |
SBE—S2 | 0.122 | 1.008 | 0.313 |
SBE—S3 | 0.135 | 1.884 | 0.060 |
TBE—S1 | 0.135 | 3.944 | 0.000 |
TBE—S2 | 0.175 | 1.512 | 0.131 |
TBE—S3 | 0.212 | 0.877 | 0.380 |
Construct | Measurement Item Code | Factor Loading | Cronbach’s Alpha | Rho_A | Composite Reliability | AVE |
---|---|---|---|---|---|---|
FB | FB 1 | 0.747 | 0.821 | 0.849 | 0.870 | 0.530 |
FB 2 | 0.775 | - | - | - | - | |
FB 3 | 0.728 | - | - | - | - | |
FB 4 | 0.691 | - | - | - | - | |
FB 5 | 0.572 | - | - | - | - | |
FB 6 | 0.828 | - | - | - | - | |
LSPB | LSPB 1 | 0.765 | 0.940 | 0.945 | 0.949 | 0.611 |
LSPB 2 | 0.862 | - | - | - | - | |
LSPB 3 | 0.832 | - | - | - | - | |
LSPB 4 | 0.680 | - | - | - | - | |
LSPB 5 | 0.820 | - | - | - | - | |
LSPB 6 | 0.731 | - | - | - | - | |
LSPB 7 | 0.811 | - | - | - | - | |
LSPB 8 | 0.810 | - | - | - | - | |
LSPB 9 | 0.772 | - | - | - | - | |
LSPB 10 | 0.841 | - | - | - | - | |
LSPB 11 | 0.856 | - | - | - | - | |
LSPB 12 | 0.538 | - | - | - | - | |
SB | SB 1 | 0.765 | 0.899 | 0.905 | 0.919 | 0.561 |
SB 2 | 0.829 | - | - | - | - | |
SB 3 | 0.858 | - | - | - | - | |
SB 4 | 0.686 | - | - | - | - | |
SB 5 | 0.807 | - | - | - | - | |
SB 6 | 0.535 | - | - | - | - | |
SB 7 | 0.805 | - | - | - | - | |
SB 8 | 0.707 | - | - | - | - | |
SB 9 | 0.694 | - | - | - | - | |
TB | TB 1 | 0.796 | 0.916 | 0.917 | 0.930 | 0.599 |
TB 2 | 0.831 | - | - | - | - | |
TB 3 | 0.824 | - | - | - | - | |
TB 4 | 0.643 | - | - | - | - | |
TB 5 | 0.766 | - | - | - | - | |
TB 6 | 0.778 | - | - | - | - | |
TB 7 | 0.774 | - | - | - | - | |
TB 8 | 0.767 | - | - | - | - | |
TB 9 | 0.771 | - | - | - | - |
Measurement Item Code | FB | LSPB | S1 | S2 | S3 | SB | TB |
---|---|---|---|---|---|---|---|
FB | 0.728 | - | - | - | - | - | - |
LSPB | 0.616 | 0.782 | - | - | - | - | - |
S1 | 0.542 | 0.628 | 1.000 | - | - | - | - |
S2 | 0.599 | 0.819 | 0.583 | 1.000 | - | - | - |
S3 | −0.224 | −0.581 | −0.345 | −0.468 | 1.000 | - | - |
SB | 0.803 | 0.653 | 0.761 | 0.647 | −0.194 | 0.749 | - |
TB | 0.506 | 0.883 | 0.643 | 0.752 | −0.728 | 0.570 | 0.774 |
Paths | Standard Deviation | t-Value | p-Value |
---|---|---|---|
FB—S1 | 0.110 | 2.076 | 0.038 |
FB—S2 | 0.098 | 0.630 | 0.528 |
FB—S3 | 0.097 | 0.865 | 0.387 |
LSPB—S1 | 0.119 | 0.663 | 0.507 |
LSPB—S2 | 0.143 | 3.865 | 0.000 |
LSPB—S3 | 0.184 | 0.527 | 0.599 |
SB—S1 | 0.110 | 7.066 | 0.000 |
SB—S2 | 0.122 | 1.258 | 0.208 |
SB—S3 | 0.141 | 2.627 | 0.009 |
TB—S1 | 0.111 | 3.460 | 0.001 |
TB—S2 | 0.142 | 1.025 | 0.305 |
TB—S3 | 0.105 | 9.381 | 0.000 |
Construct | Measurement Item Code | Factor Loading | Cronbach’s Alpha | Rho_A | Composite Reliability | AVE |
---|---|---|---|---|---|---|
FREF | FREF 1 | 0.933 | 0.869 | 0.877 | 0.938 | 0.884 |
FREF 2 | 0.947 | - | - | - | - | |
LREF | LREF 1 | 0.716 | 0.867 | 0.875 | 0.895 | 0.489 |
LREF 2 | 0.816 | - | - | - | - | |
LREF 3 | 0.791 | - | - | - | - | |
LREF 4 | 0.620 | - | - | - | - | |
LREF 5 | 0.578 | - | - | - | - | |
LREF 6 | 0.665 | - | - | - | - | |
LREF 7 | 0.758 | - | - | - | - | |
LREF 8 | 0.705 | - | - | - | - | |
LREF 9 | 0.606 | - | - | - | - | |
SREF | SREF 1 | 0.866 | 0.836 | 0.842 | 0.891 | 0.672 |
SREF 2 | 0.862 | - | - | - | - | |
SREF 3 | 0.750 | - | - | - | - | |
SREF 4 | 0.796 | - | - | - | - | |
SRF | SRF 1 | 0.842 | 0.877 | 0.884 | 0.916 | 0.731 |
SRF 2 | 0.829 | |||||
SRF 3 | 0.919 | - | - | - | - | |
SRF 4 | 0.826 | - | - | - | - | |
TREF | TREF 1 | 0.672 | 0.838 | 0.842 | 0.881 | 0.554 |
TREF 2 | 0.755 | - | - | - | - | |
TREF 3 | 0.825 | - | - | - | - | |
TREF 4 | 0.723 | - | - | - | - | |
TREF 5 | 0.722 | - | - | - | - | |
TREF 6 | 0.760 | - | - | - | - |
Measurement Item Code | FREF | LREF | S1 | S2 | S3 | SREF | SRF | TREF |
---|---|---|---|---|---|---|---|---|
FREF | 0.940 | - | - | - | - | - | - | |
LREF | 0.641 | 0.700 | - | - | - | - | - | |
S1 | 0.546 | 0.643 | 1.000 | - | - | - | - | |
S2 | 0.625 | 0.811 | 0.563 | 1.000 | - | - | - | |
S3 | −0.700 | −0.571 | −0.497 | −0.578 | 1.000 | - | - | |
SREF | 0.655 | 0.803 | 0.577 | 0.712 | −0.757 | 0.820 | - | |
SRF | 0.507 | 0.764 | 0.639 | 0.638 | −0.418 | 0.684 | 0.855 | |
TREF | 0.607 | 0.732 | 0.745 | 0.638 | −0.546 | 0.727 | 0.680 | 0.744 |
Paths | Standard Deviation | t-Value | p-Value |
---|---|---|---|
FREF—S1 | 0.073 | 1.735 | 0.083 |
FREF—S2 | 0.069 | 2.169 | 0.030 |
FREF—S3 | 0.056 | 7.201 | 0.000 |
LREF—S1 | 0.136 | 0.803 | 0.422 |
LREF—S2 | 0.124 | 4.900 | 0.000 |
LREF—S3 | 0.113 | 1.039 | 0.299 |
SREF—S1 | 0.148 | 0.889 | 0.374 |
SREF—S2 | 0.098 | 1.067 | 0.286 |
SREF—S3 | 0.091 | 7.874 | 0.000 |
SRF—S1 | 0.074 | 2.895 | 0.004 |
SRF—S2 | 0.062 | 0.245 | 0.806 |
SRF—S3 | 0.089 | 2.006 | 0.045 |
TREF—S1 | 0.108 | 4.969 | 0.000 |
TREF—S2 | 0.075 | 0.208 | 0.835 |
TREF—S3 | 0.106 | 0.134 | 0.894 |
Benefits and Enablers | Construct | Rank for the Impact | ||
---|---|---|---|---|
S1 | S2 | S3 | ||
PLBE | 2 (1.391) | 1 (7.394) | 2 (3.491) | |
FEBE | 3 (1.019) | 4 (0.545) | 1 (3.812) | |
TBE | 1 (3.944) | 2 (1.512) | 4 (0.877) | |
SBE | 4 (0.274) | 3 (1.008) | 3 (1.884) |
Barriers | Construct | Rank for the Impact | ||
---|---|---|---|---|
S1 | S2 | S3 | ||
FB | 3 (2.076) | 4 (0.630) | 3 (0.865) | |
LSPB | 4 (0.663) | 1 (3.865) | 4 (0.527) | |
SB | 1 (7.066) | 2 (1.258) | 2 (2.627) | |
TB | 2 (3.460) | 3 (1.025) | 1 (9.381) |
Recommended Strategies and Enhancing Factors | Construct | Rank for the Impact | ||
---|---|---|---|---|
S1 | S2 | S3 | ||
SREF | 4 (0.889) | 3 (1.067) | 1 (7.874) | |
LREF | 5 (0.803) | 1 (4.900) | 4 (1.039) | |
TREF | 1 (4.969) | 5 (0.208) | 5 (0.134) | |
SRF | 2 (2.895) | 4 (0.245) | 3 (2.006) | |
FREF | 3 (1.735) | 2 (2.169) | 2 (7.201) |
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Jayasena, N.S.; Chan, D.W.M.; Kumaraswamy, M.M. Is Public–Private Partnership (PPP) a Preferred Strategy for Procuring Smart Infrastructure in Developed Countries: An Empirical Study of the Perceived Benefits, Barriers and Recommended Strategies. Sustainability 2022, 14, 6421. https://doi.org/10.3390/su14116421
Jayasena NS, Chan DWM, Kumaraswamy MM. Is Public–Private Partnership (PPP) a Preferred Strategy for Procuring Smart Infrastructure in Developed Countries: An Empirical Study of the Perceived Benefits, Barriers and Recommended Strategies. Sustainability. 2022; 14(11):6421. https://doi.org/10.3390/su14116421
Chicago/Turabian StyleJayasena, Nimesha Sahani, Daniel W. M. Chan, and Mohan M. Kumaraswamy. 2022. "Is Public–Private Partnership (PPP) a Preferred Strategy for Procuring Smart Infrastructure in Developed Countries: An Empirical Study of the Perceived Benefits, Barriers and Recommended Strategies" Sustainability 14, no. 11: 6421. https://doi.org/10.3390/su14116421
APA StyleJayasena, N. S., Chan, D. W. M., & Kumaraswamy, M. M. (2022). Is Public–Private Partnership (PPP) a Preferred Strategy for Procuring Smart Infrastructure in Developed Countries: An Empirical Study of the Perceived Benefits, Barriers and Recommended Strategies. Sustainability, 14(11), 6421. https://doi.org/10.3390/su14116421