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http://dx.doi.org/10.13106/jafeb.2020.vol7.no10.1071

Critical Success Factors on PPP Water Project in a Developing Country: Evidence from Indonesia  

SURACHMAN, Eko Nur (Accounting Department, Polytechnic State Finance - STAN (PKN STAN))
HANDAYANI, Dian (Accounting Department, Polytechnic State Finance - STAN (PKN STAN))
SUHENDRA, Maman (Accounting Department, Polytechnic State Finance - STAN (PKN STAN))
PRABOWO, Sakti (Accounting Department, Polytechnic State Finance - STAN (PKN STAN))
Publication Information
The Journal of Asian Finance, Economics and Business / v.7, no.10, 2020 , pp. 1071-1080 More about this Journal
Abstract
This study aims to explore the critical success factors of the Water Public-Private Partnership (PPP) Projects in developing country with evidence from Indonesia. We all know that water is a basic need and therefore it becomes very important for the governments especially in the developing countries to develop and formulate a comprehensive water policy to deliver and manage the water services in the most appropriate manner as well tackle several challenges such as budget and project efficiency. In this context, PPP is a promising scheme to address the water problems, hence it becomes important to reveal the success factors of water PPP projects. An Analytic Hierarchy Process (AHP) questionnaire built from delphi methods is used to capture the perception of the relevant stakeholders in relation to the success factors. The results of this study show the most critical success factors in PPP water projects is the support and acceptance of the stakeholders from the community, whereas the private and public entities are the the second and third important factors. These findings contribute to the success of the PPP stakeholders by enhancing the policy-making decision process and by executing the water policies to support the development of PPP in the Water Sector.
Keywords
Critical Success Factors; Public-Private Partnership; Water Infrastructure Project; Water Management;
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Times Cited By KSCI : 10  (Citation Analysis)
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