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研究生: Dinar Pramudawardhani
Dinar - Pramudawardhani
論文名稱: Key Drivers, Critical Success Factors and Risk Allocation for Public-Private Partnership Infrastructure Projects: Comparisons between five countries
Key Drivers, Critical Success Factors and Risk Allocation for Public-Private Partnership Infrastructure Projects: Comparisons between five countries
指導教授: 周瑞生
Jui-Sheng Chou
口試委員: 曾惠斌
Hui-Ping Tserng
Oswald Chong
Oswald Chong
周建成
Chien-Cheng Chou
楊亦東
I-Tung Yang
學位類別: 碩士
Master
系所名稱: 工程學院 - 營建工程系
Department of Civil and Construction Engineering
論文出版年: 2014
畢業學年度: 102
語文別: 英文
論文頁數: 139
中文關鍵詞: key driverscritical success factorsrisks allocationpublic-private partnershipprivatizationconfirmatory factor analysiscross-country comparison
外文關鍵詞: key drivers, risks all
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Public private partnership (PPP) is an effective and well-established strategy for procuring infrastructure. Although many countries have implemented PPP for infrastructure development in recent years, not all have been successful. Most PPP implementation failures result from inappropriate risk allocation and lack of information about success factors within their countries. This research compared key drivers, critical success factors (CSFs), and preferred risk allocation in PPPs performed in Indonesia, Taiwan, Singapore, China and UK. Mean value analysis, confirmatory factor analysis, and dimensional grid were used to analyze and compare those categories. Data for PPPs in Taiwan, Singapore, China and UK were obtained by comprehensive literature reviews. Meanwhile, Indonesia data were obtained by structural survey of PPP practitioners and academicians. Considering Indonesia as a baseline, the results reveal that Indonesia and Taiwan have several similar key drivers’ indicators. Furthermore, comparisons with several countries showed that Indonesia CSFs are most similar to China CSFs. Regarding risk allocation preference, the analytical results indicate that Singapore has the most similarity with Indonesia. The contribution of this study is to provide useful information for potential investors in PPP projects so that they can improve their understanding of key drivers, CSFs and risk allocation in the researched counties. International investors can then apply investment strategies based on the similarities and differences in each country.


Public private partnership (PPP) is an effective and well-established strategy for procuring infrastructure. Although many countries have implemented PPP for infrastructure development in recent years, not all have been successful. Most PPP implementation failures result from inappropriate risk allocation and lack of information about success factors within their countries. This research compared key drivers, critical success factors (CSFs), and preferred risk allocation in PPPs performed in Indonesia, Taiwan, Singapore, China and UK. Mean value analysis, confirmatory factor analysis, and dimensional grid were used to analyze and compare those categories. Data for PPPs in Taiwan, Singapore, China and UK were obtained by comprehensive literature reviews. Meanwhile, Indonesia data were obtained by structural survey of PPP practitioners and academicians. Considering Indonesia as a baseline, the results reveal that Indonesia and Taiwan have several similar key drivers’ indicators. Furthermore, comparisons with several countries showed that Indonesia CSFs are most similar to China CSFs. Regarding risk allocation preference, the analytical results indicate that Singapore has the most similarity with Indonesia. The contribution of this study is to provide useful information for potential investors in PPP projects so that they can improve their understanding of key drivers, CSFs and risk allocation in the researched counties. International investors can then apply investment strategies based on the similarities and differences in each country.

ABSTRACT ii ACKNOWLEDGEMENTS iii TABLE OF CONTENTS v LIST OF TABLES viii Chapter 1 INTRODUCTION 1 1.1. Research background 1 1.2. Research objective 3 1.3. Research process 4 Chapter 2 LITERATURE REVIEW 6 2.1. Public private partnership (PPP) development 6 2.2. Public private partnership (PPP) success and failure story 7 2.3. PPP status in UK, Indonesia, Taiwan, Singapore and China 8 2.4. Data bank of key drivers, CSFs and risk factors 11 Chapter 3 METHODOLOGY 16 3.1. Survey process 16 3.2. Confirmatory factor analysis and mean value analysis 18 3.3. Model fit 20 3.4. Reliability and validity methods 22 3.4.1 Reliability 22 3.4.2 Validity 23 3.4.3 Two dimension importance analysis 23 Chapter 4 DATA ANALYSIS AND RESULTS 25 4.1. Description of survey data 25 4.2. Drivers, success factors and risk allocation in Indonesia 28 4.2.1 Drivers of PPP and CSFs 28 4.2.2 Preferred risk allocation 30 4.3. Cross-country comparisons 33 Indonesia versus Taiwan 34 Indonesia versus Singapore 40 Indonesia versus China 42 Indonesia versus UK 44 Chapter 5 CONCLUSIONS AND RECOMMENDATIONS 46 5.1. Conclusions 46 5.2. Future works and recommendation 48 REFERENCES 49 APPENDIX A QUESTIONNAIRE (ENGLISH VERSION) 55 APPENDIX B QUESTIONNAIRE (INDONESIAN VERSION) 61 APPENDIX C SPSS AMOS CONFIRMATORY FACTOR ANALYSIS 67 SPSS AMOS CONFIRMATORY FACTOR ANALYSIS (INITIAL MODEL) 67 APPENDIX D IBM SPSS STATISTIC SURVEY DATA INTERFACE VARIABLE DATA DESCRIPTION 69 APPENDIX E RISK ALLOCATION IN INDONESIA 74 APPENDIX F KEY DRIVERS AND CSFs COMPARISON 76 APPENDIX G RISKS ALLOCATION COMPARISONS 81 APPENDIX I THESIS TUTORIAL 90

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