Government incentives for private sector involvement in infrastructure PPP projects

Yongjian Ke, Shouqing Wang, Ping Chuen Chan

Research output: Journal article publicationJournal articleAcademic researchpeer-review

4 Citations (Scopus)

Abstract

Governments often provide incentives to attract private sector involvement in public-private partnership (PPP) projects. This paper first describes the government incentives provided for actual projects such as The Beijing Olympic National Stadium. A questionnaire survey was then used to examine the private sector's preferences for these incentives. The government incentives included government sponsorship, financing assistance, government guarantees, tax exemptions or reductions and new market opportunities. Respondents from the private sector affirmed the effectiveness of all the incentives, with the tax exemptions or reductions as the most desirable and government sponsorship as the least. The results suggest that the private sector should carefully evaluate government incentives and not ask for unreasonable incentives when the project is very urgent or the government lacks experience.
Original languageEnglish
Pages (from-to)1480-1483
Number of pages4
JournalQinghua Daxue Xuebao/Journal of Tsinghua University
Volume49
Issue number9
Publication statusPublished - 1 Sep 2009

Keywords

  • Incentive
  • Infrastructure
  • Private sector involvement
  • Public-private partnership (PPP)

ASJC Scopus subject areas

  • Engineering(all)
  • Computer Science Applications
  • Applied Mathematics

Cite this