The obstacles of implementing private finance initiatives in local government in Malaysia

• Main Authors: Hasan, Maryadi, Salleh, Dani
• Format: Article
• Language: English
• Published: Universiti Teknologi Mara 2018
• Subjects: HD28 Management. Industrial Management
• Online Access: http://repo.uum.edu.my/26857/1/JAS%2015%201%202018%2017%2040.pdf; http://repo.uum.edu.my/26857/; https://jas.uitm.edu.my/index.php/2-uncategorised/47-volume-15-issue-2-dec-2018
• Institution: Universiti Utara Malaysia

Since its introduction in Malaysia, the Private Finance Initiative (PFI) Model has leveraged the government as a form of alternative procurement, primarily to reduce government spending, and to provide public infrastructure more efficiently and effectively. Although the PFI is said to be an effici...