ABSTRACT

This introduction presents an overall view of key concepts discussed in the subsequent chapters of this book. The book provides an international perspective on Public Private Partnerships (PPP) by drawing upon the existing and fast developing body of principles and practices from many countries. It is based on multi-country best practices and a theoretical framework that draws on an international body of knowledge and theory. Political expediency can be offered as an alternative reason for the introduction of PPP as they offer returns in the form of infrastructure and also move capital expenditure off budget. In particular, in the Tenth Malaysia Plan, which covers the government's strategy for the country's infrastructure development for the period from 2011 to 2015, it has been highlighted that PPP will be extensively intensified with fifty two large-scale projects to be delivered via PPP.