A review of public private partnership procurement practice in Malaysia. (2016)

• Record Type: Journal Article
• Authors: Sanni, Afeez Olalekan; Hashim, Maizon
• Is Part Of: International journal of technological learning, innovation and development. Volume 8:Number 1(2016)
• Page Start: 20
• Page End: 36
• Publication Date: 2016
• Subjects: emerging economies -- Malaysia -- public private partnerships -- PPPs -- construction procurement -- value for money -- VFM -- innovative development -- technological learning -- infrastructure -- services -- procurement management; Organizational learning -- Periodicals; Technological innovations -- Economic aspects -- Periodicals; Industrial organization -- Technological innovations -- Developing countries -- Periodicals; Diffusion of innovations -- Developing countries -- Periodicals; 338.064091724
• Languages: English
• ISSNs: 1753-1942

Abstract

The citizens of most developing countries are looking forward to their respective governments for significant improvements in the social and economic infrastructures. Those governments are being faced with inadequate budgeting to address these needs while they see public private partnership procurement system as an opportunity to address those challenges. Despite that some developing countries have recorded little progress in the delivery of public projects under PPP arrangements, some other countries have successfully utilised the opportunities being provided by this procurement method. The aim of this study is to review the implementation of PPP projects in Malaysia so that the experience gained could be used to address the challenges of PPP procurement method in the developing countries. The study showed that the Government of Malaysia had progressively utilised PPP method to deliver infrastructure and services, and also contributed to the growth of her economy. It is recommended that the governments in developing countries should create conducive environment for PPP arrangement to succeed through people oriented policies.