Table of Contents

International Handbook on Mega-Projects

International Handbook on Mega-Projects

Elgar original reference

Edited by Hugo Priemus and Bert van Wee

This comprehensive and accessible Handbook presents state-of-the-art research on the decision-making processes in the deliverance of mega-projects – large infrastructure projects for the transportation of people and/or goods.

Chapter 7: Public–private partnerships in mega-projects: successes and tensions

Matti Siemiatycki

Subjects: economics and finance, public sector economics, transport, environment, transport, urban and regional studies, transport


Around the world, public–private partnerships (PPPs) have increasingly become the preferred procurement model for delivering mega-projects. Between 1986 and 2010, 1000 highways, bridges, tunnels, railways, urban transit lines, seaports and airports have been built or rehabilitated through this project delivery model, with concessions valued at over $648 billion (Public Works Financing, 2012). PPPs represent an important form of multi-level governance, involving complex relationships between different government agencies and departments, and various private sector firms that serve as project advisors, construction contractors, operators and insurers.

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