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Sustainability considerations have been suggested as key elements in Private Financing Initiative (PFI) projects in Malaysia. Notwithstanding, the sustainability is new in the Malaysian construction industry, let alone in PFI projects. This requirement has necessitated stakeholders in PFI projects to quickly learn sustainability and apply them accordingly. A research was mooted to observe and document...
One critical element of PFI projects is the contract which binds the Special Purpose Vehicle (SPV) (project promoter) with the government (client). Drawing up the PFI contract is by no means a simple undertaking because elements of economy, social, technological and intellectual considerations will have to be coherently spelt out. Adding on to this now is the requirement to include sustainable considerations...
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