Public-private partnerships (PPPs) are under the spotlight after the Government took over the management of the Sports Hub last week, more than a decade earlier than agreed upon. The book Exploring Public-Private Partnerships in Singapore by Kim Soojin and Kwa Kai Xiang counted 38 publicly known PPP projects launched between 2000 and 2019, and more than 80 per cent of these projects have been successful.
Mr Kwa Kai Xiang, a lecturer at the School of Social Sciences at NTU and co-author of the book, said that there are some common factors that can determine if a PPP works out. “On the whole, although there can be project-specific factors leading to PPP success and failure, there are nonetheless common critical success factors underpinning successful PPPs from various sectors,” said Mr Kwa.
Read the article here.