ABSTRACT

This chapter examines some of the most severe risk factors that could occur in Public-private partnership (PPP) projects. It provides an interesting perspective on procuring PPP projects especially for those practitioners and academics in Western countries. The chapter highlights those most common types of PPP projects in China and analysed the differences between their risks. The list of risk factors was derived based on a comprehensive literature review and also from findings of a previous questionnaire survey conducted by the authors and their research team. The ranking of the top five most severe risk factors for each type of project was identified and analysed. The risk factor 'Poor public decision-making process' was ranked similarly for the three types of projects. The risk factor 'Imperfect law and supervision system' was ranked fourth for Transportation projects. Aware of the potential problems, some projects, especially those concerning Transportation, have taken action to avoid overlapping roles.