Mohamed Ghazali, Farid Ezanee
(2009)
Operational Risks For Highway Projects In Malaysia.
Proceedings of World Academy of Science, Engineering and Technology , 41.
ISSN 2070-3740
Abstract
The Malaysia Highway Authority (MHA) was established by the Government in 1980 for the purpose of designing,
constructing and maintaining toll highways in Malaysia that include the North-South Expressway and the Penang Bridge, which were procured using the publicly-funded traditional procurement. However following a recession in the mid 80’s, the operations of these tolledhighways had been privatized to ensure that their operational services continue through private financing as a result of long-term concession agreement concurred between the Malaysian Government
and private operators. The change in the contract strategy for highway projects in Malaysia would have a great tendency to dictate a significant risk exposure towards the key parties involved, particularly the Malaysian Government as project principal, unless operational risks are clearly identified and managed via appropriate mitigation measures prior to a contract signing.
Actions (login required)
 |
View Item |
![[img]](http://eprints.usm.my/style/images/fileicons/application_pdf.png)
