Public-Private Partnership/Private Finance Initiative (PPP/PFI) in developing countries are seen as an instrument for utilizing private sector capital and management expertise for infrastructure investment. In Malaysia, the introduction of PPP/PFI in 2006 under the Ninth Malaysian Plan (2006-2010) was to streamline and enhance the efficacy of the privatization program. The Tenth Malaysian Plan (2011-2015) which aims to improve the living standard of Malaysian citizens, raising it from a middle-income to a higher-income economy by 2020, further enhances this objective. Within that context, this paper examines the purpose, structure, implementation, financing and risk transfer of PPP/PFI in Malaysia and their evolution through the two Malaysia Plans.
|Title of host publication||Proceedings of 5th Asia-Pacific Business Research Conference 2014|
|Place of Publication||Australia|
|Number of pages||14|
|Publication status||Published - 2014|
- public-private partnerships
- private finance initiative
- infrastructure investment
- private sector capital
Abdullah, N., Sufian, A., Asenova, D., & Bailey, S. (2014). PPP/PFI in Malaysian development plans: purpose, structure, implementation, financing and risk transfer. In Proceedings of 5th Asia-Pacific Business Research Conference 2014 (pp. 1-14). WBI.