Operational Risks For Highway Projects In Malaysia.

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

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    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.

    Item Type: Article
    Subjects: T Technology > TA Engineering (General). Civil engineering (General) > TA1-2040 Engineering (General). Civil engineering (General)
    Divisions: Kampus Kejuruteraan (Engineering Campus) > Pusat Pengajian Kejuruteraan Awam (School of Civil Engineering)
    Depositing User: Mr Erwan Roslan
    Date Deposited: 10 Dec 2010 07:09
    Last Modified: 21 Jul 2014 09:23
    URI: http://eprints.usm.my/id/eprint/20302

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