ABSTRACT
This chapter has presented several high-profile and criticised public works projects. Their experiences have resulted in some valuable lessons learnt for future public–private partnership project (PPP). The South Bank Education and Training Precinct was initiated by the then Department of Employment and Training in consultation and collaboration with the Department of Education and central agencies, including the Premier and Treasury. The Cross City Tunnel in Sydney, Australia is a good example of how improper allocation of risks could affect the success of PPP. PPP has been given a bad name and investors have been driven away from New South Wales, at least temporarily. In addition, many experts in the field believed that the Queensland government should not have chosen such a complex project for its first PPP project. Social projects are often considered more difficult to handle compared to economic ones where income is obvious.
