A framework structure to enhance the implementation of private finance initiative (PFI) projects in Malaysia at pre-construction stage: a methodological development / Shamsida Saidan Khaderi, Abdul Rashid Abd Aziz and Ani Saifuza Abd Shukor.

• Main Authors: Khaderi, Shamsida Saidan (Author), Abd Aziz, Abdul Rashid (Author), Abd Shukor, Ani Saifuza (Author)
• Format: Book
• Published: Universiti Teknologi MARA , Shah Alam: Faculty of Architecture, Planning and Surveying, 2018-01.
• Subjects: Article; PeerReviewed
• Online Access: Link Metadata
• Notes: https://ir.uitm.edu.my/id/eprint/30002/1/30002.pdf
• Keywords: Malaysia; Architecture and state

Private finance initiative (PFI) in Malaysia has been inundated by various controversies and criticisms from the very beginning. Yet, in-depth researches relating to them have been lacking. Based on the circumstances, the paper proposes a framework structure to enhance the implementation of PFI projects in Malaysia with focus on the pre-construction stage with the following objectives: to determine the issues and constraint which have arisen, to determine the success factors and lastly to develop a framework for performance improvement. Semistructure interviews with 35 experts and nine case studies (each three representing Modes 1, 2 and 3) were used to collect data. The study found ten success factors which is: fair risk distribution, public-private cooperation, comprehensive output specification, value for money, maintenance culture, innovation, performance-based payment, cost linked to life span, transparency and financing. A workable implementation framework for the pre-construction stage was developed after industry practitioners tested it. This framework can help industry players including contractors in making sound decisions when undertaking PFI projects.