Author(s)

Ping Wu ¹, Peng Lu ¹, Yongbo Shi ¹, Ting Bai ¹

Affiliation(s)

¹ Department of Mechanical and Transport Engineering, Ordos Institute of Technology, Ordos, China

Corresponding Author

Peng Lu

ABSTRACT

The public-private-partnership (PPP) model has become an important way to implement transportation infrastructure projects, but with the rapid growth of the scale of transportation infrastructure PPP projects, the risk problem of PPP projects has become increasingly prominent, and many projects have suffered losses or even project failures due to improper risk management. This paper identifies and classifies the risks arising from transportation infrastructure PPP projects, distributes the risk factors among different participants, and finally proposes risk countermeasures for PPP projects.

KEYWORDS

PPP projects, Transport infrastructure, Risk identification, Anti-risk measures

CITE THIS PAPER

Ping Wu, Peng Lu, Yongbo Shi, Ting Bai, Research on Risk Countermeasures of Transportation Infrastructure PPP Project. Financial Engineering and Risk Management (2023) Vol. 6: 43-47. DOI: http://dx.doi.org/10.23977/ferm.2023.060107.

REFERENCES

[1] Wahdan MY (1995) An analysis framwork for PPP,in department of Civil Engineering[D]. Vancouver: The University of British Columbia.
[2] Zhang W, Wang S Q,Tiong R, et a l. (1998) Risk management of Shanghai's privately financed Yan'an Donglu tunnels[J]. Engineering Construction Architectural Management, 1998, 5(4):399-409.
[3] Li B, Akintoye A, Ewards P. (2005) The allocation of Risk in PPP/PFI construction projects in the UK[J]. International Journal of Project Management, 2005, 23(1):25-35.
[4] Ke Y, Wang S Q, Chan A P (2010).Risk allocation in public-private partnership in frastructure projects: Comparative study[J]. Journal of Infrastructure systems, 2010, 16(4):343-351.
[5] Ameyaw E E, Chan A P. (2013) Identifing public-private partnership (PPP) Risks in managing transportation projects in Ghana[J].Journal of Facilities Management.2013,11(2):152-182.
[6] Abd Karim N A. (2011) Risk allocation in public-private partnership (PPP) Project: A review on risk factors [J]. International Journal of Sustainable Construction Engineering Technology, 2011, 2(2):8-16.
[7] Che Luping, Mika, Zhou Yao Yao, Sun Jiao. (2020) Risk Assessment of PPP Project of Traffic Facilities Based on DEMATEL-ANP. Journal of Civil Engineering and Management.2020,37 (06): 152-157.
[8] Wang Jianbo, Zhang Na, Wang Zhengquan, Huang Wenjing, Qin Na. (2020) Study on risk sharing of PPP project in urban rail transit based on AHP-Shapley value. Journal of north china university of technology .2020,32 (05): 15-20+29. 
[9] Zhu Yingjuan, Shao Ruiqing, Li Yingqi. (2022) Study on the risk transmission path of PPP project in transportation infrastructure [J]. Transportation Accounting.2022, (01): 16-28.
[10] Li Yan, Chen Youming, Li Ao, Chen Yandan, Fang Dandan, Fu Chao. (2023) Research on Obstacles to Fair Risk Distribution in PPP Mode of Traffic Projects [J]. Project Management Technology.2023,21 (01): 36-43.

Sponsors, Associates, and Links

---

• Information Systems and Economics
  
  
• Accounting, Auditing and Finance
  
  
• Industrial Engineering and Innovation Management
  
  
• Tourism Management and Technology Economy
  
  
• Journal of Computational and Financial Econometrics
  
  
• Accounting and Corporate Management
  
  
• Social Security and Administration Management
  
  
• Population, Resources & Environmental Economics
  
  
• Statistics & Quantitative Economics
  
  
• Agricultural & Forestry Economics and Management
  
  
• Social Medicine and Health Management
  
  
• Land Resource Management
  
  
• Information, Library and Archival Science
  
  
• Journal of Human Resource Development
  
  
• Manufacturing and Service Operations Management
  
  
• Operational Research and Cybernetics