Article by Zhen Li, Yanyan Shen and Maogang Tang
There has been a boom in PPP activity in China in recent years. According to the authors of this paper, as of December 2019, the official data indicated that 9,440 projects, with an investment value of RMB 14.4 trillion were at different stages of development. However, despite rapid development, the outcomes of PPP in China are unsatisfactory. For example, a significant proportion of listed PPP projects have not reached the stage when contracts are signed. In addition, the share of signed PPP contracts that have commenced construction is relatively low and media reports suggest that over half of listed PPP projects may not commence construction.
Related Articles
June 2024
The Governance of Affordable Housing Through Public-Private Partnerships: Critical Entanglements
May 2024
Determinants of Public-Private Partnership Governance Structures: Evidence from India
April 2024
Public-Private Partnerships: Is a Reassessment Underway?
March 2024
Public-Private Partnerships in the Gulf Cooperation Council Region: Policy Discussions, Projects, Regulatory Frameworks, and Future Directions
February 2024
PPP performance evaluation: the social welfare goal, principal–agent theory and political economy (Part II)
January 2024
PPP performance evaluation: the social welfare goal, principal–agent theory and political economy (Part I)