Public Private Partnerships (PPPs) are arrangements where the public and private sectors both bring their complementary skills to a project, with varying levels of involvement and responsibility, for the purpose of providing public services or projects. They are characterised by the following:
Hong Kong is a very densely populated city, with more than seven million people occupying a land area of only 1,104 km2. Every day, over 11 million commuter trips are made using Hong Kong’s public transportation system, which includes railways, trams, buses, minibuses, taxis, and ferries. This public transport system requires significant public investment, especially for Hong Kong’s railways, which serve as its primary public transport modality.
Land Value Capture Mechanism
The Case of the Hong Kong MTR
Author: Mathieu Verougstraete and Han Zeng
HK. 2007. Serving the Community By Using the Private Sector: A User Guide to Contract Management. Hong Kong, China: Efficiency Unit. [#2275]
