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Sustainable Performance Measurements for Public–Private Partnership Projects: Empirical Evidence from China

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  • Yanhong Liang

    (School of Qilu Transportation, Shandong University, Jinan 250100, China)

  • Hongdi Wang

    (School of Public Administration, Zhejiang University of Finance & Economics, Hangzhou 310018, China)

Abstract

The world is witnessing a global momentum of public–private partnership (PPP) development, along with the inherent complexities associated with the long-term construction, operation, and maintenance periods of numerous PPP projects. Performance measurements for PPP projects are critical for ensuring stakeholders’ interests in a sustainable way, without scarifying future generations’ interests in terms of economic, environmental, and social sustainability. A system of five-dimension sustainable performance measurements for PPP projects is proposed in this study and a questionnaire survey was conducted to solicit professional opinions on its effectiveness based on current PPP practice in China. A total of 79 professionals with PPP working experiences in China participated in the survey, among which five were chosen for interviews to validate and deepen the understandings of the findings. It reveals that the five dimensions have essential impacts on current PPP practice in China, though with varying extent of importance. The private sector has developed a sense of achieving a long-term financial return, which might have indeterminate results on the benefits of end users. The increasing trend of sustainability concerns in the PPP project performance measurement is confirmed, and it is partially due to the central government’s “High-Quality Development” initiatives. This study contributes to the theoretical discussions of establishing sustainable performance measurements for PPP projects, and it has practical implications for the public sector to improve PPP project evaluation methods and incentive mechanisms, so as to promote project sustainability.

Suggested Citation

  • Yanhong Liang & Hongdi Wang, 2019. "Sustainable Performance Measurements for Public–Private Partnership Projects: Empirical Evidence from China," Sustainability, MDPI, vol. 11(13), pages 1-15, July.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:13:p:3653-:d:245210
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    References listed on IDEAS

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    2. Xiaoyan Jiang & Kun Lu & Bo Xia & Yong Liu & Caiyun Cui, 2019. "Identifying Significant Risks and Analyzing Risk Relationship for Construction PPP Projects in China Using Integrated FISM-MICMAC Approach," Sustainability, MDPI, vol. 11(19), pages 1-31, September.
    3. Juan Du & Wenxin Wang & Xinghua Gao & Min Hu & Haili Jiang, 2023. "Sustainable Operations: A Systematic Operational Performance Evaluation Framework for Public–Private Partnership Transportation Infrastructure Projects," Sustainability, MDPI, vol. 15(10), pages 1-26, May.
    4. Lihong Zhang & Saeed Reza Mohandes & Jiawei Tong & Mohamed Abadi & Saeed Banihashemi & Binchao Deng, 2023. "Sustainable Project Governance: Scientometric Analysis and Emerging Trends," Sustainability, MDPI, vol. 15(3), pages 1-27, January.
    5. Grace Namayombo Sukasuka & Innocent Musonda & Molusiwa Stephan Ramabodu & Sambo Lyson Zulu, 2022. "Social Dimensions in Ex-Post Evaluation of Public Private Partnership Infrastructure Projects: A Scoping Review," Sustainability, MDPI, vol. 14(23), pages 1-21, November.
    6. Fuguo Cao & Cong Wang, 2022. "An Empirical Study of Determinants of Pay-for-Performance in PPP Procurement," Sustainability, MDPI, vol. 14(19), pages 1-20, October.
    7. Huige Xing & Yuelin Li & Hongyang Li, 2020. "Renegotiation Strategy of Public-Private Partnership Projects with Asymmetric Information—An Evolutionary Game Approach," Sustainability, MDPI, vol. 12(7), pages 1-23, March.
    8. Kangsoo Kim & Jinoh Kim & Donghyung Yook, 2021. "Analysis of Features Affecting Contracted Rate of Return of Korean PPP Projects," Sustainability, MDPI, vol. 13(6), pages 1-21, March.
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    10. Bisola Beatrice Oguejiofor & Ngozi Samuel Uzougbo & Abosede Olusade Kolade & Ahmed Raji & Chibuike Daraojimba, 2023. "Review of Successful Global Public-Private Partnerships: Extracting key Strategies for Effective U.S. Financial Collaborations," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 10(8), pages 312-331, August.

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