Risk Assessment in Public Private Partnership for Infrastructure Project

Public-private partnership (PPP) is emerging as the new success route in India’s attempts to build world-class infrastructure. Over the last decade, policymakers at both central and state levels have been increasingly focusing on infrastructure investments to enable fast paced economic growth. However, as planned infrastructure projects throw up funding and technological challenges, governments are increasingly turning to the private sector with the PPP route emerging as the most favored mechanism for cooperation. It is not surprising that the PPP concept has expanded across key infrastructure segments ranging from roads and communications to power and airports. But the main risk of PPP project comes from the Construction Risk, Market Environment Risk, Project Economic Viability Risk, Macroeconomic Risk, Government Concern Risk, and Operation Risk. Main purpose of the project is to investigate the critical risk associated with infrastructure project.