Abstract
AbstractPublic-private partnership (PPP) models are frequently used in construction projects worldwide. The experiences of developed and developing countries vary depending on existing legal, economical, social, and political environments. Although there are some common challenges, risks, limitations, and success factors, practicing PPP framework is also dependent on country-specific factors. In this paper, first the state of the art in frequent PPP practicing regions/countries such as Europe, the U.K., and China are summarized; and a review of PPP experience in the U.S. is presented. Then, Turkey, where different PPP models have been used for nearly three decades, is analyzed in more depth as an example for developing countries. A new PPP law has been drafted to expand the legal context and types of models and overcome the existing limitations since the first introduction of PPP projects in Turkey in early 1980s. An intensive PPP literature survey has been made to present the common success factors, risk...
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
