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Public Private Partnerships: Public Private Dialogue Ir James Y C - PowerPoint PPT Presentation

May 07, 2023 •207 likes •349 views

Public Private Partnerships: Public Private Dialogue Ir James Y C Kwan President Hong Kong Institution of Engineers Public Private Partnership (PPP) first in UK in 1990s PPP in Hong Kong First mentioned few years ago following the

  1. Public Private Partnerships: Public Private Dialogue Ir James Y C Kwan President Hong Kong Institution of Engineers

  2. Public Private Partnership (PPP) first in UK in 1990s

  3. PPP in Hong Kong • First mentioned few years ago following the accumulated budget deficit after the Asian financial crisis • PPP Infrastructure Delivery Models � Design-Build-Finance-Operate (DBFO) � Operation & Maintenance (O&M) � Build-Own-Operate-Transfer (BOOT)

  4. Successful Hong Kong PPP Tsing Yi Chemical Waste Treatment Plant Cross Harbour Tunnel Tsing Ma Control Area

  5. However… Western Harbour Crossing River Trade Terminal

  6. PPP in Hong Kong

  7. PPP route or not? Offload Financial Burden? Transfer / Share Risk? Government

  8. PPP route or not? Guarantee Stable Income Stream? Any Government Incentives? Enhance Value of Property Development? Private Sector Partners

  9. West Kowloon Cultural District Hot topic:

  10. PPP route or not? Gain Better Provide Better Value? Facility or Service? Affordable? End-users

  11. PPP route or not? Any Negative Impact on Livelihood? ??? Employees

  12. PPP requires balancing act • Government Government • • Private Sector Private Sector • Partners Partners • End End- -users users • • Employees Employees •

  13. Benefits to all Stakeholders Benefits to all Stakeholders Benefits to Hong Kong Benefits to Hong Kong Infrastructure Improvement Opportunities for Industry Open Dialogue Open PPP

  14. Thank you

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