Chapter
Nov 18, 2014
A Survey of Risks in Public Private Partnership Highway Projects in Iran
Authors: Alireza Ghorbani [email protected], Mehdi Ravanshadnia [email protected], and Mohamad Bagher Nobakht [email protected]Author Affiliations
Publication: ICCREM 2014: Smart Construction and Management in the Context of New Technology
Abstract
Public Private Partnership (PPP) in highway projects in Iran has been a desired approach for the public sector to engage the efficiency and capital of the private sector in developing transportation infrastructure facilities. The high risk environment of construction projects in Iran has made potential investors reluctant to get involved in a partnership. Using a vast checklist survey and an FMEA-based risk analysis method, we managed to mark the highest priority risks in PPP highway projects in Iran. It was revealed that the construction period of PPP Highway projects in Iran is the most risk-prone phase, and it is recommended that the public sector should revise its risk sharing scheme in this phase in order to guarantee the success of the project.
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© 2014 American Society of Civil Engineers.
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Published online: Nov 18, 2014
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MSc Student, Department of Engineering, Islamic Azad University, Science and Research Branch, Tehran, Iran. E-mail: [email protected]
Assistant Professor, Department of Engineering, Islamic Azad University, Science and Research Branch, Tehran, Iran. E-mail: [email protected]
Assistant Professor, Department of Engineering, Islamic Azad University, Science and Research Branch, Tehran, Iran. E-mail: [email protected]
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