Identify factors influencing and barriers to the adoption of the private finance initiative in local government in Malaysia

The Implementation of the Private Finance Initiative (PFI) has been considered as an alternative to conventional procurement as it offers different financing mechanisms and management solutions to be considered. PFI has brought more advantages over traditional procurement systems in many countrie...

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Main Authors: Hasan, Maryadi, Salleh, Dani
Format: Article
Language:English
Published: Global Academic Excellence 2018
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Online Access:http://repo.uum.edu.my/26863/1/IJLGC%203%209%202018%2069%2082.pdf
http://repo.uum.edu.my/26863/
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spelling my.uum.repo.268632020-03-01T01:25:36Z http://repo.uum.edu.my/26863/ Identify factors influencing and barriers to the adoption of the private finance initiative in local government in Malaysia Hasan, Maryadi Salleh, Dani HD28 Management. Industrial Management The Implementation of the Private Finance Initiative (PFI) has been considered as an alternative to conventional procurement as it offers different financing mechanisms and management solutions to be considered. PFI has brought more advantages over traditional procurement systems in many countries at every level of government. At the local government level, PFI's revenue enables Local Authorities (LAs) to work with the private sector to provide public infrastructure and services more effectively and efficiently. In Malaysia, since its introduction in the Ninth Malaysia Plan in 2006, the PFI model has benefited the government as an alternative form of procurement, in particular to reduce government spending, and to provide more efficient public infrastructure and services. Apart from introducing the PFI method, PFI is said to be an efficient and effective model in the implementation of public procurement policy. However, LAs in Malaysia are very poorly using PFI as their procurement method. This study is to identify the factors influencing, and the barrier for adopting PFIs in LAs in Malaysia. In achieving this goal, a survey was conducted in LAs in Malaysia. 240 questionnaires were distributed by post to the department or division involved in project implementation at LAs. This finding identifies the major factors influencing the adoption of PFIs in LAs, as well as identifying major barriers for the implementation of PFIs in LAs in Malaysia. Finally, the framework for PFI's recruitment strategy at the LAs has been developed. Global Academic Excellence 2018 Article PeerReviewed application/pdf en http://repo.uum.edu.my/26863/1/IJLGC%203%209%202018%2069%2082.pdf Hasan, Maryadi and Salleh, Dani (2018) Identify factors influencing and barriers to the adoption of the private finance initiative in local government in Malaysia. International Journal of Law, Government and Communication, 3 (9). pp. 69-82. ISSN 0128-1763 http://www.ijlgc.com/archived.asm
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutional Repository
url_provider http://repo.uum.edu.my/
language English
topic HD28 Management. Industrial Management
spellingShingle HD28 Management. Industrial Management
Hasan, Maryadi
Salleh, Dani
Identify factors influencing and barriers to the adoption of the private finance initiative in local government in Malaysia
description The Implementation of the Private Finance Initiative (PFI) has been considered as an alternative to conventional procurement as it offers different financing mechanisms and management solutions to be considered. PFI has brought more advantages over traditional procurement systems in many countries at every level of government. At the local government level, PFI's revenue enables Local Authorities (LAs) to work with the private sector to provide public infrastructure and services more effectively and efficiently. In Malaysia, since its introduction in the Ninth Malaysia Plan in 2006, the PFI model has benefited the government as an alternative form of procurement, in particular to reduce government spending, and to provide more efficient public infrastructure and services. Apart from introducing the PFI method, PFI is said to be an efficient and effective model in the implementation of public procurement policy. However, LAs in Malaysia are very poorly using PFI as their procurement method. This study is to identify the factors influencing, and the barrier for adopting PFIs in LAs in Malaysia. In achieving this goal, a survey was conducted in LAs in Malaysia. 240 questionnaires were distributed by post to the department or division involved in project implementation at LAs. This finding identifies the major factors influencing the adoption of PFIs in LAs, as well as identifying major barriers for the implementation of PFIs in LAs in Malaysia. Finally, the framework for PFI's recruitment strategy at the LAs has been developed.
format Article
author Hasan, Maryadi
Salleh, Dani
author_facet Hasan, Maryadi
Salleh, Dani
author_sort Hasan, Maryadi
title Identify factors influencing and barriers to the adoption of the private finance initiative in local government in Malaysia
title_short Identify factors influencing and barriers to the adoption of the private finance initiative in local government in Malaysia
title_full Identify factors influencing and barriers to the adoption of the private finance initiative in local government in Malaysia
title_fullStr Identify factors influencing and barriers to the adoption of the private finance initiative in local government in Malaysia
title_full_unstemmed Identify factors influencing and barriers to the adoption of the private finance initiative in local government in Malaysia
title_sort identify factors influencing and barriers to the adoption of the private finance initiative in local government in malaysia
publisher Global Academic Excellence
publishDate 2018
url http://repo.uum.edu.my/26863/1/IJLGC%203%209%202018%2069%2082.pdf
http://repo.uum.edu.my/26863/
http://www.ijlgc.com/archived.asm
_version_ 1662757787350859776
score 13.211869