Public-Private-People Partnership as a New Financing Model for Infrastructure Development: A Conceptual Framework

Lukas B. Sihombing, Achmad Jaka Santos, Andreas Wibowo

2018

Abstract

One of the financing schemes in providing an infrastructure project is a public-private-partnership (PPP). PPP is an implementation option and infrastructure service that provides incremental benefits as well as private financing access to promote the government. This study aims to provide a new concept that combines PPP with society (people) to become a public-private-people partnership (PPPP). Therefore, to analyze the state-of-the-art schemes of PPPP, a meta-analysis method is employed that is based on a literature study. However, this PPPP concept is a framework to encourage the society (people) to participate more, especially in land acquisition. The land can be owned by individuals or traditional (communal) society (masyarakat adat). The results of this paper are in the form of a conceptual framework of PPPP as a new financing model for infrastructure development, where the PPPP concept involves the current PPP financing scheme and societal participation, whether in terms of legal aspects and policies or institutional matters. This new concept can help the society (people) to have prosperous welfare together with the institution under PPPP, as well as to not depend on the state budget, as it increases private equity.

Paper Citation

in Harvard Style

B. Sihombing L., Jaka Santos A. and Wibowo A. (2018). Public-Private-People Partnership as a New Financing Model for Infrastructure Development: A Conceptual Framework.In Proceedings of the 7th Engineering International Conference on Education, Concept and Application on Green Technology - Volume 1: EIC, ISBN 978-989-758-411-4, pages 195-197. DOI: 10.5220/0009008401950197

in Bibtex Style

@conference{eic18,
author={Lukas B. Sihombing and Achmad Jaka Santos and Andreas Wibowo},
title={Public-Private-People Partnership as a New Financing Model for Infrastructure Development: A Conceptual Framework},
booktitle={Proceedings of the 7th Engineering International Conference on Education, Concept and Application on Green Technology - Volume 1: EIC,},
year={2018},
pages={195-197},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009008401950197},
isbn={978-989-758-411-4},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 7th Engineering International Conference on Education, Concept and Application on Green Technology - Volume 1: EIC,
TI - Public-Private-People Partnership as a New Financing Model for Infrastructure Development: A Conceptual Framework
SN - 978-989-758-411-4
AU - B. Sihombing L.
AU - Jaka Santos A.
AU - Wibowo A.
PY - 2018
SP - 195
EP - 197
DO - 10.5220/0009008401950197