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Zairol, A. A., Richard, P. H., & Dilanthi, A. (2014). Public-Private Partnership in Disaster Management in Developing Countries: A Conceptual Framework. Procedia Economics and Finance, 18, 807-814.
https://doi.org/10.1016/S2212-5671(14)01006-5

has been cited by the following article:

• TITLE: Public-Private Partnerships in Cambodia: Issues and Solution

  AUTHORS: Bun Eang Sar, Meyka Chea, Chanpisey Ung

  KEYWORDS: PPP, Ad-Hoc Arrangement, PPP Framework, Infrastructure, Contingent Liability

  JOURNAL NAME: Open Journal of Business and Management, Vol.8 No.3, May 22, 2020

  ABSTRACT: The projects via Public-Private Partnership (PPP) have been implemented in Cambodia since the decade 1993 mostly in energy sector using Build-Ope- rate-Transfer (BOT) and Build-Own-Operate (BOO) Models where the procurement method followed an ad-hoc arrangement, absence of clear rule and regulation as well as unclear institutional responsibility to procure, manage, and monitor these projects. Lacking rule and regulation as well as non-clear enabling PPP policy caused many disadvantages for the public sector in implementing PPP projects. Nearly all the projects are unsolicited proposals and have been selected by using an ad-hoc arrangement and direct negotiation. The ad-hoc procedure not only transfers many risks to the government especially in term of financial risk—unforeseen contingent liability—due to no proper reviewing on the project proposal and contract term, but also the project implementation and monitoring mechanism is unclear, and no efficient. However, Cambodia still considers using PPP as the best alternative option of financing on infrastructure development. This is because, on the one hand, the demand of infrastructures has been gradually increased notably in road sector while the government budget is limited, and on the other hand, PPP brings the innovation and increases the quality of infrastructure or service and provides better value-for-money. That is why, in order to successfully prepare and manage PPP projects in the current context of economy growth, Cambodia established an enabling PPP policy, and standard operation procedure (SOP), and also proposed the PPP law to govern, promote and facilitate in the manner of effectiveness, efficiency, transparency, fairness and accountability of PPP projects. This paper aimed at raising the challenges of implementing PPP projects without comprehensive PPP framework.