“Effectiveness evaluation of public-private partnership automobile road infrastructure construction projects”

Author, institution: Rūta Rudžianskaitė-Kvaraciejienė, Kaunas University of Technology

Science area, field: Technological Sciences, Civil Engineering

The Doctoral Dissertation is available at the library of Kaunas University of Technology (K. Donelaičio St. 20, Kaunas).

Scientific Supervisor: Assoc. Prof. Dr. Rasa APANAVIČIENĖ (Kaunas University of Technology, Technological Sciences, Civil Engineering – 02T).

Dissertation Defence Board of Civil Engineering Science Field:

Prof. Dr. Raimondas BLIŪDŽIUS (Kaunas University of Technology, Technological Sciences, Civil Engineering – 02T) – Chairman.

Prof. Dr. Mindaugas DAUKŠYS (Kaunas University of Technology, Technological Sciences, Civil Engineering – 02T);

Prof. Dr. Habil. Dalia ŠREIMIKIENĖ (Lithuanian Energy Institute, Social Sciences, Economics – 04S);

Prof. Dr. Habil. Antanas VERIKAS (Kaunas University of Technology, Technological Sciences, Informatics Engineering – 07T);

Assoc. Prof. Dr. Tatjana VILUTIENĖ (Vilnius Gediminas Technical University, Technological Sciences, Civil Engineering – 02T).

Opponents:

Prof. Dr. Žilvinas BAZARAS (Kaunas University of Technology, Technological Sciences, Civil Engineering – 02T);

Prof. Dr. Habil. Artūras KAKLAUSKAS (Vilnius Gediminas Technical University, Technological Sciences, Civil Engineering – 02T).

Annotation:

In many countries infrastructure projects are successfully implemented through public–private partnership (PPP) model. The planning of PPP infrastructure construction projects always starts with due diligence, which is the most important for the private investor, and the assessment of public needs and benefits in terms of sustainable development, which is the most important for the public sector. Effective PPP infrastructure construction projects must ensure a comprehensive positive result both for the private partner and the public sector. Therefore, the effectiveness of PPP infrastructure construction projects is assessed in two ways: in terms of the private partner and in terms of the public sector.
The goal of this research paper is to create the methodology for the assessment of PPP automobile road infrastructure construction projects that would enable to predict the effectiveness of future projects according to the planned initial project data.
Results:
1. A theoretical model for the assessment of the effectiveness of PPP infrastructure construction projects was developed. The model combined project assessment areas determined by the author: technical assessment, financial assessment, private partner selection and sustainable development, i.e. environmental, social and economic assessment.
2. A new PPP automobile road infrastructure construction project assessment methodology based on Random Forest method was developed to assess the effectiveness of infrastructure projects in terms of the private partner and the public sector.
3. 17 key factors that have an effect on the effectiveness of the future PPP automobile road infrastructure construction projects were determined.