The Adoption of Public-Private Partnership Concessions for a Development Project in Emerging Economies

Authors

  • Viktor Suryan Palembang Aviation Polytechnic
  • Pintanugra Persadanta Directorate General of Civil Aviation
  • M Dimas Bara Alddi Directorate General of Civil Aviation
  • Jhellyananda Putri Directorate General of Civil Aviation

DOI:

https://doi.org/10.52989/jaet.v1i1.3

Keywords:

Public-private partnership, Infrastructure Project, Funding, Emerging Economies

Abstract

Public-private partnership define as a corporation between public as owner and private as manager and operational. This paper aims to describe the PPP development in infrastructure project in emerging economies. The result show the implementation of PPP conducted are based on the principle of a fair, open, transparent, and competitive. Also, the activities of Public-Private Partnership are important for all parties to understand each other, mission, functions and duties, rights, obligations of each as agents of development. It also do perception in the negotiation of partnership activities which is needed transparency, the commitment of development actors to the achievement of results mutual benefit. In addition, the need for the direct involvement of all parties, especially local government, parliament, the public, employees and others, the availability and access relevant data, easily, correctly and consistently. Hence, support for a clear and true to good decision giving the Central , Provincial or Regional (district or city ), auction eligibility criteria and negotiation clearly, transparent and consistent, and ability in mastering the material law, technical and finance.

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Author Biographies

Viktor Suryan, Palembang Aviation Polytechnic

Lecturer at Palembang Aviation Polytechnic

Pintanugra Persadanta, Directorate General of Civil Aviation

Directorate General of Civil Aviation

M Dimas Bara Alddi, Directorate General of Civil Aviation

Directorate General of Civil Aviation

Jhellyananda Putri, Directorate General of Civil Aviation

Directorate General of Civil Aviation

References

Akintoye, A., Beck, M., Hardcastle, C., 2003. Introduction: public– private partnership in infrastructure development. Blackwell Science Ltd. pp. xix–xxiv.

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Alisjahbana, A. 2012. Effective public spending: the case of infrastructure. Jakarta: Ministry of National Development Planning/National Development Planning Agency Government of Indonesia. [accessed 18 February 2016]. Available from: http://www.oecd.org/site/oecdgfd/49793186.pdf.

Aschauer, D.A., 1990. Why is infrastructure important?. In Is There a Shortfall in Public Capital Investment? Proceedings of a Conference. Pp 21-68.

Bakatjan, S., Arikan, M., Tiong, R.L.K., 2003. Optimal capital structure model for BOT power projects in Turkey. Journal of Construction Engineering and Management. 129 (1), pp. 89–97.

Published

2020-12-29

How to Cite

Suryan, V., Persadanta, P., Alddi, M. D. B., & Putri, J. (2020). The Adoption of Public-Private Partnership Concessions for a Development Project in Emerging Economies. Journal of Airport Engineering Technology (JAET), 1(1), 15-23. https://doi.org/10.52989/jaet.v1i1.3

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