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Frontiers of Engineering Management >> 2018, Volume 5, Issue 3 doi: 10.15302/J-FEM-2018020

Sustainable public-private partnerships: Balancing the multi-actor ecosystem and societal requirements

1. Technological Research Centre of Finland Ltd., Finland
2. School of Civil Engineering and Mechanics, Huazhong University of Science and Technology, Wuhan 430074 China
3. Construction Management Discipline, Curtin University, Australia

Accepted: 2018-08-20 Available online:2018-09-14

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The funding gap of public infrastructure networks (roads, railways, ports, electricity, and energy lines) can be solved partly by introducing private capital for investments, i.e., public-private partnerships (PPP). This paper introduces an integrated model of a PPP project and investigates its implications on PPP policies and strategies regarding appropriate project appraisal and selection. The model has different resolution levels, namely, project level, business ecosystem level, and market and societal levels. The integrated model suggests that investing in merely financially viable projects is insufficient to realize economically and socially sustainable and acceptable projects.

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