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Several major infrastructure projects in the Hong Kong Special Administrative Region (HKSAR) have been delivered by the build‐operate‐transfer (BOT) model since the 1960s. Although the benefits of using BOT have been reported abundantly in the contemporary literature, some BOT projects were less successful than the others. This paper aims to find out why this is so and to explore whether BOT is the best financing model to procure major infrastructure projects.

The benefits of BOT will first be reviewed. Some completed BOT projects in Hong Kong will be examined to ascertain how far the perceived benefits of BOT have been materialized in these projects. A highly profiled project, the Hong Kong‐Zhuhai‐Macau Bridge, which has long been promoted by the governments of the People's Republic of China, Macau Special Administrative Region and the HKSAR that BOT is the preferred financing model, but suddenly reverted back to the traditional financing model to be funded primarily by the three governments with public money instead, will be studied to explore the true value of the BOT financial model.

Six main reasons for this radical change are derived from the analysis: shorter take‐off time for the project; difference in legal systems causing difficulties in drafting BOT agreements; more government control on tolls; private sector uninterested due to unattractive economic package; avoid allegation of collusion between business and the governments; and a comfortable financial reserve possessed by the host governments.

The findings from this paper are believed to provide a better understanding to the real benefits of BOT and the governments' main decision criteria in delivering major infrastructure projects.

With the increasing interest in public private partnership (PPP), there is a need to investigate the factors contributing to successful delivery of PPP projects. The purpose of this paper is to analyze the perceptions of respondents from Hong Kong, Australia and the UK on the importance of 18 such factors.

An empirical questionnaire survey was conducted in Hong Kong and Australia. The survey respondents were asked to rate 18 factors which contribute to delivering successful PPP projects.

The findings from this survey were further compared with the results achieved by a previous researcher in a similar survey conducted in the UK. The comparison showed that amongst the top five success factors ranked by Hong Kong respondents, three were also ranked highly by the Australians and British. These success factors included: “Commitment and responsibility of public and private sectors”; “Strong and good private consortium”; and “Appropriate risk allocation and risk sharing”. Therefore, it can be concluded that there are certain common critical success factors for conducting PPP projects, irrespective of the geographical locations.

The findings presented in this paper have highlighted the most significant critical success factors which may be applicable to all jurisdictions, and also those which are specifically for Hong Kong and Australia. It is believed that the participants of future PPP projects can use these findings to maximize the success of conducting similar projects.

This paper sets out to present the findings of a study to investigate the reasons for implementing Public Private Partnership (PPP) projects.

A questionnaire survey was conducted in Hong Kong (also commonly referred to as the Hong Kong Special Administrative Region), Australia and the United Kingdom. The survey respondents were asked to rate the importance of nine identified reasons for implementing PPP projects.

The findings of the top three ranks for each respondent group were investigated. Ranked top by the survey respondents in Hong Kong was “Private incentive”. Ranked second by all three groups of survey respondents was “Economic development pressure demanding more facilities”. Third in Hong Kong and first in Australia was “High quality of service required”. The reason “Inefficiency because of public monopoly and lack of competition” was ranked third by the Australian respondents. And finally ranked first and third by the British respondents was “Shortage of government funding” and “Avoid public investment restriction”. The rankings showed that in general those rated highly in the United Kingdom focused on financial elements whereas those rated highly in Hong Kong and Australia were more related to the overall performance of improving public projects.

These findings were believed to provide an idea of the possible reasons for implementing PPP projects, and as a result illustrate a clearer understanding of the process.

Falls continue to be the major cause of fatalities in the Hong Kong construction industry, as well as in other countries. Published statistics of the Labour Department, Hong Kong Special Administrative Region (HKSAR) showed that from 2000 to 2004 approximately half of the fatal construction accidents were a result of fall of person from height. In view of this phenomenon, the purpose of this paper is to present the findings and recommendations of a research paper which investigates the problems associated with fall of person from height in the construction industry.

Accident data obtained from the Architectural Services Department, HKSAR, was analysed according to the 14 available factors collectively to derive explanations for common situations and reasons leading to fall accidents.

The findings of this rigorous analysis are presented to practitioners whose feedback on the findings are recorded by means of a questionnaire survey. The responses from the survey show that “re‐enforced safety training” and “equipments for working at height” are the adoptable methods to enhance the workers' safety performance. The paper shows that “poor safety attitude and behaviour of workers” is the main problem in obstructing the implementation of safety procedures and guidelines for construction sites. In addition, over half the respondents agree that “closer monitoring and supervision” and “higher standard of projects” is observed by public projects when compared to private projects.

The statistics analysed in this paper are limited to public sector projects only. However, the findings are still believed to be valuable for safety practitioners so that they can adopt the necessary measures to prevent fall from height accidents occurring in future projects.

The purpose of this paper is to study the measures that enhance value for money (VFM) in public private partnership (PPP) projects from the findings achieved in a questionnaire survey. The questionnaire survey was conducted in Hong Kong (also known as the Hong Kong Special Administrative Region) and Australia, and is compared to the results conducted by other researchers in the UK.

Respondents to the questionnaire were asked to rate 18 VFM measures in PPP projects.

The results found that the top five VFM measures ranked by the respondents from Hong Kong included: efficient risk allocation (allocating the risk to the party best able to manage it); output‐based specification; competitive tender; private management skill; and private sector technical innovation. The first and second of these VFM measures were also found to be ranked high by the respondents from Australia and the UK, indicating that these were true for these jurisdictions.

When the risks are handled well, less pitfalls are experienced and as a result VFM is more achievable. Hence, an efficient risk allocation is vital in determining whether VFM can be achieved in PPP projects. A clear output‐based specification can enable a more obvious project design and concept hence minimizing the possibility of delivering the wrong product for the user. Therefore, this measure is also important in determining whether VFM has been achieved for a PPP venture. Despite the interest in PPP, there is need for more systematic and in‐depth research to examine the measures that enhance VFM in PPP projects in Hong Kong.

In addition, this project also forms a comparative study for the use of PPP in Hong Kong, Australia and the UK.

Based on the Chinese government's increased public‐private partnership (PPP) experience in the last decade, they have made a lot of efforts to improve the investment environment. This paper hence aims to conduct a more up‐to‐date evaluation of the potential risks in China's PPP projects.

As part of a comprehensive research looking at implementing PPP, a two‐round Delphi survey was conducted with experienced practitioners to identify the key risks that could be encountered in China's PPP projects. The probability of occurrence and severity of the consequence for the selected risks were derived from the surveys and used to calculate their relative risk significance index score.

The results showed that the top ten risks identified according to their risk significance index score are: government's intervention; poor political decision making; financial risk; government's reliability; market demand change; corruption; subjective evaluation; interest rate change; immature juristic system; and inflation. Further analysis was conducted on these risks so that the possible consequence, the most impacted parties, and the preferred allocation are discussed. Recommendations on commercial principles or contract terms between the Chinese government and private consortium are also provided.

These up‐to‐date findings concerning the probability and consequence of key risks would provide a valuable reference for private investors who are planning to invest in infrastructure projects in China.

As part of a comprehensive research study looking at implementing public private partnerships (PPPs), interviews with experienced researchers were conducted with the aim of realizing their views on private sector involvement in public works projects.

Amongst these interviews, five were launched with academics from Hong Kong and Australia, and two were conducted with legislative councillors of the Hong Kong Special Administration Region Government.

Findings show that Hong Kong and Australian interviewees had previously conducted some kind of research in the field of PPP. “Different risk profiles” and “private sector more innovative/efficient” were highlighted as the main differences between projects that were procured by PPP and traditionally. Other differences include risk transfer. In a PPP arrangement the public sector passes on a substantial amount of the project risks to the private sector, whereas in a traditional case the public sector would take the largest responsibility in bearing these risks. Another common feature of the private sector is that it tends to be more efficient and innovative when compared to the public sector; hence its expertise is often reflected in PPP projects. It was agreed that the key performance indicators for PPP projects were unique to individual projects. The critical success factors mentioned by both groups included “transparent process”, “project dependent” and “market need”. Because PPP projects tend to be large‐scaled costly projects, adequate transparency in the process is necessary in order to demonstrate that a fair selection and tendering process is conducted. A market need for the project is also important to ensure that the project will be financially secure and that the private sector can make a reasonable profit to cover their project expenditure.

The findings from this paper have enabled a comparative analysis between the views of researchers in two completely different jurisdictions. With the growing popularity to implement PPP projects, it is believed that the results presented in this paper would be of interest to the industry at large.

Hong Kong has undergone a rapid transformation from a small fishing village to one of Asia's top commercial cities. With the booming economic development that it has undergone, heritage has been criticised as largely neglected. To respond to this criticism proactively, the local government introduced a “Revitalising Historic Buildings through Partnership Scheme” which is considered an innovative social public‐private partnership initiative. However, it is still early stages and the effectiveness of this scheme is yet to be evaluated. The purpose of this paper is therefore to evaluate the success of this innovative scheme by means of a case study.

The case study approach has been adopted to analyse the effectiveness of this scheme. The Mei Ho House is a Grade I listed building marking the history of early public housing in Hong Kong. This project was studied thoroughly by looking at the historical background, the selected service provider, project details, historical significance, social benefits and public opinion.

The findings indicate that the scheme has been implemented effectively to revitalize historical buildings such as Mei Ho House. Efforts have been made to preserve these buildings into innovative use, uplift local culture and social benefits. In addition, an effective partnership arrangement between the public and private parties has been established.

The analyses will help to assess whether the proposed scheme has been successfully implemented. As a result, the suitability of using this scheme for future projects in Hong Kong or even other jurisdictions will be recommended. The proposed scheme will be an innovative and alternative approach for preserving and restoring historical buildings if proved to be feasible.

The aims of this study are to conduct a systematic review of public–private partnership (PPP) studies published from 2009 to 2019, to compare the results with Ke et al. (2009) who reviewed the PPP literature published from 1998 to 2008, and to trace the evolution of the PPP knowledge in the past two decades. This study also presents the possible directions that the PPP research may go towards in the future, arguably.

This study carried out a top journal-based search to identify the quality PPP articles published from 2009 to 2019. A total of 12 top-tier construction journals were systematically searched in the database of web of science (WOS), from which 279 PPP articles were identified for review.

The number of the identified articles, the titles of the journals, institutions, the most cited papers, and prevalent research methods were analyzed and compared. The existing PPP studies in construction journals were classified into seven streams. Through analysis of the PPP research status and gaps, five future research directions were revealed.

This study contributes to the current body of knowledge by revealing the research trend of PPP from 2009 to 2019. It presents the change of PPP development trend in the past decade through comparison with Ke et al. (2009). It also reveals the major research streams and points out the directions that the PPP research may go towards in the future. Moreover, this study is helpful to the practice as well. It can enhance the practitioners' understanding of the PPP development in the past decade. In addition, it identified the research institutions contributing the most in the area of PPP, which may serve as valuable reference for practitioners to locate the best institutions for consultancy or collaboration.

This paper aims to explore the critical success factors (CSFs) necessary for adopting public private partnerships (PPPs) in both Mainland China and Hong Kong.

An empirical questionnaire survey was conducted with relevant experienced practitioners in Mainland China and Hong Kong.

Both Mainland China and Hong Kong have been keen to deliver more infrastructure service projects through PPP mode, with the former aiming to meet its rapidly growing infrastructure demand and the latter uplifting its efficiency further. The results indicate that Hong Kong does not regard multi‐benefit objectives as importantly as Mainland China. Mainland China on the contrary felt more concerned with an equitable risk sharing mechanism, which is understandable given the problems affecting the financial market in Mainland China.

It is anticipated that the results presented in this paper will assist both the public and private sectors to deliver PPP projects more successfully.