The Success Factors of Public Private Partnership Implementation for Infrastructures Development: New Evidence from the Indonesian Experience
- Keywords
- Indonesia; Infrastructure; Logistic regression; Public Private Partnerships
- Abstract
Infrastructure is one of the main instruments to foster Indonesia’s economic growth. Nevertheless, government’s financial capacity is so limited that it is not sufficient for financing all infrastructure projects. That is the reason for the government to invite the private sector under the scheme called Public Private Partnership (PPP). This paper reports the results of an econometric analysis (i.e. logistic regression) to identify the factors that are responsible for the success of the infrastructures development plan under PPP scheme in the years of 2009-2015. It was found that government supports, results of cost-benefit analysis (i.e. financial internal rate of return), and the economic sector to which the infrastructure belongs were the significant factors for the success of PPP scheme, in which government support was identified as the most significant factor among the others. Based on these findings and the results of a literature review on related topics, some suggestions are proposed.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Dominicus S. Priyarsono AU - Risman M. Rizal AU - K. Heny PY - 2019/11 DA - 2019/11 TI - The Success Factors of Public Private Partnership Implementation for Infrastructures Development: New Evidence from the Indonesian Experience BT - Proceedings of the 3rd International Conference on Indonesian Social & Political Enquiries (ICISPE 2018) PB - Atlantis Press SP - 64 EP - 67 SN - 2352-5398 UR - https://www.atlantis-press.com/article/125922570 ID - Priyarsono2019/11 ER -