Innovative Implementation of Private Finance Initiative (PFI) Procurement: Challenges and Key Issues in Pre-Construction Stage

Abstract

Private Finance Initiative (PFI) has been successfully implemented across the globe, however regarding the implementation process; the PFI arrangements are not similar from country to country. Based on the circumstances, this paper investigates the key issues and challenges of PFI implementation in a pre-construction stage in Malaysia compare to other countries. This paper will present the results from a semi-structured interview conducted on key PFI expert group with interesting outcome include the critical issues of relationship and financing. The findings will promote an innovative PFI implementation in pre-construction stage and also innovate industry players in making best decisions.© 2016. The Authors. Published for AMER ABRA by e-International Publishing House, Ltd., UK. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.Keywords: Private Finance Initiative; Implementation; Relationship; Innovation.