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Public-Private Partnerships for Sustainable Construction Projects: Opportunities and Challenges

Conference paper

Abstract

With the popularity of PPP as an approach for governments providing infrastructure-based service, its potential to promote sustainable construction should be discussed. Based on literature review, this paper aims to identify what attributes in PPP approach could help to make constructions more sustainable, and also discuss whether these attributes can be crystallized in practice. It is suggested that long-term commitment, bundling of finance/construction/operation, as well as payment based on performance against output specifications, are helpful to promote construction more sustainable at first sight. However, all these attributes cannot guarantee sustainable objectives be achieved. It seems that the market opportunity is the root for the public sector to direct the private sector to achieve their objectives, including sustainability. So it is important for the public sector to realize and use this advantage, rather than relying on other fiction depicting the rosy facet of sustainability through PPP.

Keywords

Public-Private partnerships Sustainability Infrastructure 

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Copyright information

© Springer Science+Business Media Singapore 2017

Authors and Affiliations

  1. 1.School of Investment and Construction ManagementDongbei University of Finance and EconomicsDalianChina

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