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@MISC{Thomas_pleasecontact:,
author = {S. Thomas and S. Thomas Ng and Jingzhu Xie and Martin Skitmore and Yau Kai Cheung and Dr. S. Thomas Ng},
title = {Please contact:},
year = {}
}
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Abstract
The investment return, tariff regime and concession period are the most important items that influence the success of a concession-based Public-Private Partnership (PPP) project. From the public partner’s perspective, whether a scheme is value-for-money or not dominates the decision making process. However, a seemingly favorable deal may turn out to be the least value-for-money option should it cause unnecessary social upheaval, such as excessive tariff increases or complaints. A scheme which is truly value-for-money is one which balances the interests of the public partner, investor and end-users. In this paper, a simulation model is proposed to assist a public partner to identify the concession period based on the expected investment and tariff regime. The needs for establishing different scenarios to represent the risks and uncertainties involved are presented, and a fuzzy multi-objective decision model is
Keyphrases
please contact public partner tariff regime concession period concession-based public-private partnership different scenario simulation model excessive tariff increase value-for-money option public partner perspective favorable deal decision making process investment return fuzzy multi-objective decision model unnecessary social upheaval important item
