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Public Private Partnerships: Public Private Dialogue
Ir James Y C Kwan President Hong Kong Institution of Engineers
Public Private Partnerships: Public Private Dialogue Ir James Y C - - PowerPoint PPT Presentation
Public Private Partnerships: Public Private Dialogue Ir James Y C - - PowerPoint PPT Presentation
Public Private Partnerships: Public Private Dialogue Ir James Y C Kwan President Hong Kong Institution of Engineers Public Private Partnership (PPP) first in UK in 1990s PPP in Hong Kong First mentioned few years ago following the
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PPP in Hong Kong
- First mentioned few years ago following
the accumulated budget deficit after the Asian financial crisis
- PPP Infrastructure Delivery Models
Design-Build-Finance-Operate (DBFO) Operation & Maintenance (O&M) Build-Own-Operate-Transfer (BOOT)
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Successful Hong Kong PPP
Tsing Yi Chemical Waste Treatment Plant
Cross Harbour Tunnel
Tsing Ma Control Area
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However…
Western Harbour Crossing River Trade Terminal
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PPP in Hong Kong
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PPP route or not?
Offload Financial Burden? Transfer / Share Risk?
Government
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PPP route or not?
Guarantee Stable Income Stream? Enhance Value of Property Development? Any Government Incentives?
Private Sector Partners
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Hot topic: West Kowloon Cultural District
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PPP route or not?
Provide Better Facility or Service? Gain Better Value? Affordable?
End-users
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PPP route or not?
Employees
???
Any Negative Impact on Livelihood?
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PPP requires balancing act
- Government
Government
- Private Sector
Private Sector Partners Partners
- End
End-
- users
users
- Employees
Employees
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Benefits to all Stakeholders Benefits to Hong Kong Benefits to all Stakeholders Benefits to Hong Kong
Infrastructure Improvement Opportunities for Industry
Open Dialogue Open PPP
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