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Abdullahi Ahmed, U, Noor Amila Wan Abdullah, Z and Abdul-Rashid, A-A (2021) Malaysian regulators' ranking of PPP contract governance skills. Built Environment Project and Asset Management, 11(1), 88-102.
- Type: Journal Article
- Keywords: infrastructure regulation; public sector; contract governance; privatization; life cycle analysis; sustainability; developing countries; UK; USA; Malaysia; France; Germany
- ISBN/ISSN:
- URL: http://dx.doi.org/10.1108/BEPAM-11-2019-0121
- Abstract:
The purpose of this study is to explore the skills required by regulatory agencies for effective governance of public-private partnership (PPP) contracts from the perspective of Malaysian regulators. There is a growing literature indicating that there is poor public sector expertise in managing PPP projects. The study, being an exploratory one, relied on a questionnaire survey of the Malaysian PPP unit (UKAS) and five Malaysian regulatory agencies responsible for regulating service delivery across a number of sectors. The results of the exploratory factor analysis returned six factor groupings, indicating that the most important skills are procurement, auditing and forensic accounting, lifecycle costing, sector-specific, negotiation analysis and performance management. It was also found that academic qualifications, profession, years of experience and the regulatory agency had no mediating effect on the rankings. The findings show that infrastructure regulation training programs should be tailored to reflect regional and country-specific characteristics. This is because a similar study with a globalised set of respondents gave a different result from the current study. There is a growing trend towards remunicipalisations and contract cancellations globally. This is the very outcome that regulatory agencies were created to prevent. Studies including government reports are increasingly pointing in the direction of poor skills set among public sector staff managing PPPs. This lack of capacity has resulted in poor oversight, which now threatens the sustainability of service provision.
Almarri, K and Boussabaine, H (2021) Re-evaluating the risk costing agenda in PPP projects. Built Environment Project and Asset Management, 11(1), 22-37.
Chileshe, N and Kavishe, N (2021) Readiness assessment of public-private partnerships adoption in developing countries: the case of Tanzania. Built Environment Project and Asset Management, 11(1), 71-87.
Dolla, T, Devkar, G and Boeing, L (2021) Procurement governance and information asymmetry in waste management of India. Built Environment Project and Asset Management, 11(1), 38-51.
Liu, T, Mostafa, S, Sherif, M and Tuan Son, N (2021) Emerging themes of public-private partnership application in developing smart city projects: a conceptual framework. Built Environment Project and Asset Management, 11(1), 138-56.
Mangu, S, Thillai Rajan, A and Deep, A (2021) Comparison of toll and annuity PPPs: a case study of highway projects in India. Built Environment Project and Asset Management, 11(1), 103-20.
Nguyen, N, Almarri, K and Boussabaine, H (2021) A risk-adjusted decoupled-net-present-value model to determine the optimal concession period of BOT projects. Built Environment Project and Asset Management, 11(1), 4-21.
Nimesha Sahani, J, Chan, D W M and Kumaraswamy, M (2021) A systematic literature review and analysis towards developing PPP models for delivering smart infrastructure. Built Environment Project and Asset Management, 11(1), 121-37.
Sarvari, H, Chan, D W M, Banaitiene, N, Norhazilan Md, N and Beer, M (2021) Barriers to development of private sector investment in water and sewage industry. Built Environment Project and Asset Management, 11(1), 52-70.