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The purpose of this paper is to emphasis the significance of public asset management in Indonesia that is by …, which could not represent exactly the whole local governments’ condition in Indonesia. Findings from this study provide … useful input for the policy makers, scholars and asset management practitioners in Indonesia to establish a public asset …
Persistent link: https://www.econbiz.de/10009438152
The Government of Indonesia (GoI) increasingly relies on the private sector financing to build and operate … PPP infrastructure project procurement in Indonesia and Australia. Public Sector Comparator (PSC) is used to assess the … potential project VFM quantitatively in Australia. In Indonesia, the PSC has not been applied, where the PPP procurement …
Persistent link: https://www.econbiz.de/10009438285
Nowadays, most of the infrastructure project developments undertaken are complex in nature, demanding greater skill and technologies, fast track work practices, good decision making and analytical skill, and capabilities to utilize Information Communication Technologies (ICT) specifically in...
Persistent link: https://www.econbiz.de/10009437778
Most infrastructure project developments are complex in nature, particularly in planning phase. During this stage, many vague alternatives occur - from the strategic to operational level. Human judgement and decision making are characterized by biases, errors and the use of heuristics. These...
Persistent link: https://www.econbiz.de/10009437784
Before the Global Financial Crisis many providers of finance had growth mandates and actively pursued development finance deals as a way of gaining higher returns on funds with regular capital turnover and re-investment possible. This was able to be achieved through high gearing and low presales...
Persistent link: https://www.econbiz.de/10009438259
Listed property trust (LPTs) have been the most successful indirect property investment vehicle in Australia. Surveys conducted by the Australian Stock Exchange in 1999 found that the LPT sector was the fastest growing stockmarket sector, increasing its number of investors by 88%, compared to...
Persistent link: https://www.econbiz.de/10009482065
The listed property trust (LPT) sector has undergone considerable change in recent years, including increased levels of international property, increased levels of debt, incorporating property development activities via use of stapled securities, significant mergers and acquisitions, and...
Persistent link: https://www.econbiz.de/10009482067
Given the stature of international tourism, hotel properties are an important property investment sector. The purpose of this paper is to assess the importance of a range of financial, location, economic, diversification and relationship factors in influencing hotel investment decision making....
Persistent link: https://www.econbiz.de/10009482246
This exploratory paper examines the drivers and obstacles to construction innovation. It is based on a large-scale survey of nearly 400 businesses in the Australian construction industry conducted in 2004, and twelve in-depth case studies of innovation on Australian construction projects between...
Persistent link: https://www.econbiz.de/10009437535
The use of financial incentives in construction projects has been seen as a way to improve short term motivation, collaboration and reinforce long term commitment between project stakeholders. Yet, very little empirical research has been conducted into how financial incentives should be applied...
Persistent link: https://www.econbiz.de/10009437563