Towards a common PPP framework for ASEAN

The countries of the Association of South East Asian Nations or ASEAN aspire to achieve regional economic integration by 2020 (ASEAN Economic Community or AEC). One of the most significant targets of the AEC is perhaps the establishment of a well-connected, highly competitive, and resilient ASEAN wh...

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Main Author:	Abdul Rashid, Khairuddin
Other Authors:	Kobayashi, Kiyoshi
Format:	Book Chapter
Language:	English English
Published:	Routlegde, Taylor & Francis Group 2018
Subjects:	H10 Societies H61 Theory. Method H96 Public policy (General), Policy sciences HB Economic Theory HB3711 Business cycles. Economic fluctuations HD Industries. Land use. Labor HD28 Management. Industrial Management HD61 Risk Management HD72 Economic growth, development, planning HG4001 Financial management. Business finance. Corporation finance. HJ Public Finance HJ7451 Expenditures. Government spending HJ8003 Public credit. Debts. Loans. Claims JQ Political institutions Asia JX International law T Technology (General) TA Engineering (General). Civil engineering (General) TA177.4 Engineering economy TA190 Management of engineering works TH Building construction
Online Access:	http://irep.iium.edu.my/70203/ http://irep.iium.edu.my/70203/ http://irep.iium.edu.my/70203/1/Chap6_IREP.docx.pdf http://irep.iium.edu.my/70203/7/9781315534053_preview.pdf

id	iium-70203
recordtype	eprints
spelling	iium-702032019-01-28T07:57:18Z http://irep.iium.edu.my/70203/ Towards a common PPP framework for ASEAN Abdul Rashid, Khairuddin H10 Societies H61 Theory. Method H96 Public policy (General), Policy sciences HB Economic Theory HB3711 Business cycles. Economic fluctuations HD Industries. Land use. Labor HD28 Management. Industrial Management HD61 Risk Management HD72 Economic growth, development, planning HG4001 Financial management. Business finance. Corporation finance. HJ Public Finance HJ7451 Expenditures. Government spending HJ8003 Public credit. Debts. Loans. Claims JQ Political institutions Asia JX International law T Technology (General) TA Engineering (General). Civil engineering (General) TA177.4 Engineering economy TA190 Management of engineering works TH Building construction The countries of the Association of South East Asian Nations or ASEAN aspire to achieve regional economic integration by 2020 (ASEAN Economic Community or AEC). One of the most significant targets of the AEC is perhaps the establishment of a well-connected, highly competitive, and resilient ASEAN wherein people, goods, services, and capital are closer together. Infrastructure, therefore, is urgently needed. Among the constraints in establishing infrastructure is the difficulty of the public sectors of most member countries to provide adequate funding. Consequently, they entice their private sectors to assist through the provision of funds as well as expertise. As such, public-private cooperation via public-private partnerships, or PPP, is seen by ASEAN as among the most viable alternatives. This chapter examines PPP implementation in ASEAN member countries and assesses the prospect of having a common PPP framework for ASEAN. In conducting the assessment, the PPP implementation framework within the European Union (EU) is used as a benchmark. Outcomes of the examination include that a country-specific PPP implementation framework exists in each of the ASEAN member countries but that the framework differs from one country to another. In addition, ASEAN member countries are at different stages of PPP implementation maturity. In the context of the provision of infrastructure, the diverse PPP implementation frameworks may not be beneficial or could even act as among the impediments towards the realization of AEC 2020. The chapter concludes with views on the prospect of a common PPP implementation framework for ASEAN and highlights key areas considered appropriate to be harmonized. Routlegde, Taylor & Francis Group Kobayashi, Kiyoshi Abdul Rashid, Khairuddin Furuichi, Masahiko Anderson, William P 2018 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/70203/1/Chap6_IREP.docx.pdf application/pdf en http://irep.iium.edu.my/70203/7/9781315534053_preview.pdf Abdul Rashid, Khairuddin (2018) Towards a common PPP framework for ASEAN. In: Economic integration and regional development : the ASEAN economic community /. Routledge studies in the modern world economy (172). Routlegde, Taylor & Francis Group, London ; New York, p. 75. ISBN 9781138688056 https://www.routledge.com/Economic-Integration-and-Regional-Development-The-ASEAN-Economic-Community/Kobayashi-Abdul-Rashid-Furuichi-Anderson/p/book/9781138688056
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	H10 Societies H61 Theory. Method H96 Public policy (General), Policy sciences HB Economic Theory HB3711 Business cycles. Economic fluctuations HD Industries. Land use. Labor HD28 Management. Industrial Management HD61 Risk Management HD72 Economic growth, development, planning HG4001 Financial management. Business finance. Corporation finance. HJ Public Finance HJ7451 Expenditures. Government spending HJ8003 Public credit. Debts. Loans. Claims JQ Political institutions Asia JX International law T Technology (General) TA Engineering (General). Civil engineering (General) TA177.4 Engineering economy TA190 Management of engineering works TH Building construction
spellingShingle	H10 Societies H61 Theory. Method H96 Public policy (General), Policy sciences HB Economic Theory HB3711 Business cycles. Economic fluctuations HD Industries. Land use. Labor HD28 Management. Industrial Management HD61 Risk Management HD72 Economic growth, development, planning HG4001 Financial management. Business finance. Corporation finance. HJ Public Finance HJ7451 Expenditures. Government spending HJ8003 Public credit. Debts. Loans. Claims JQ Political institutions Asia JX International law T Technology (General) TA Engineering (General). Civil engineering (General) TA177.4 Engineering economy TA190 Management of engineering works TH Building construction Abdul Rashid, Khairuddin Towards a common PPP framework for ASEAN
description	The countries of the Association of South East Asian Nations or ASEAN aspire to achieve regional economic integration by 2020 (ASEAN Economic Community or AEC). One of the most significant targets of the AEC is perhaps the establishment of a well-connected, highly competitive, and resilient ASEAN wherein people, goods, services, and capital are closer together. Infrastructure, therefore, is urgently needed. Among the constraints in establishing infrastructure is the difficulty of the public sectors of most member countries to provide adequate funding. Consequently, they entice their private sectors to assist through the provision of funds as well as expertise. As such, public-private cooperation via public-private partnerships, or PPP, is seen by ASEAN as among the most viable alternatives. This chapter examines PPP implementation in ASEAN member countries and assesses the prospect of having a common PPP framework for ASEAN. In conducting the assessment, the PPP implementation framework within the European Union (EU) is used as a benchmark. Outcomes of the examination include that a country-specific PPP implementation framework exists in each of the ASEAN member countries but that the framework differs from one country to another. In addition, ASEAN member countries are at different stages of PPP implementation maturity. In the context of the provision of infrastructure, the diverse PPP implementation frameworks may not be beneficial or could even act as among the impediments towards the realization of AEC 2020. The chapter concludes with views on the prospect of a common PPP implementation framework for ASEAN and highlights key areas considered appropriate to be harmonized.
author2	Kobayashi, Kiyoshi
author_facet	Kobayashi, Kiyoshi Abdul Rashid, Khairuddin
format	Book Chapter
author	Abdul Rashid, Khairuddin
author_sort	Abdul Rashid, Khairuddin
title	Towards a common PPP framework for ASEAN
title_short	Towards a common PPP framework for ASEAN
title_full	Towards a common PPP framework for ASEAN
title_fullStr	Towards a common PPP framework for ASEAN
title_full_unstemmed	Towards a common PPP framework for ASEAN
title_sort	towards a common ppp framework for asean
publisher	Routlegde, Taylor & Francis Group
publishDate	2018
url	http://irep.iium.edu.my/70203/ http://irep.iium.edu.my/70203/ http://irep.iium.edu.my/70203/1/Chap6_IREP.docx.pdf http://irep.iium.edu.my/70203/7/9781315534053_preview.pdf
first_indexed	2023-09-18T21:39:39Z
last_indexed	2023-09-18T21:39:39Z
_version_	1777413054776999936

Towards a common PPP framework for ASEAN

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