Innovative Project Delivery Methods through Public-Private-Partnership - a Case Study on Malaysia's SMART Project

摘要

SMART, an acronym for Storm-water Management and Road Tunnel is a major infrastructure project aimed principally at alleviating the perennial floods in Kuala Lumpur. The project exhibits characteristics of the PPP (Public-Private-Partnership) - whereby two Government agencies (i) the Department of Irrigation and Drainage Malaysia, and (ii) the Malaysian Highway Authority collaborate with two private companies namely the (iii) Malaysian Mining Corporation Berhad, and (iv) Gamuda Berhad - in the initiation, funding, designing, constructing and upon its completion to operate and maintain the infrastructure. In addition, the delivery method used in this project is considered innovative as it combines Design & Build with Project Management Consultancy and funded through the BOT and deferred payment mechanisms. The paper reports the outcome of a study to critically evaluate the appropriateness of the said method of project delivery used in the procurement of the SMART project. The report serves as lessons learnt and contributes to the pool of knowledge in the field of construction engineering and management.