Risk ranking of Malaysian public private partnership projects

In the past two decades, public private partnership (PPP) has been one of the prevailing ways for the development of infrastructure in Malaysia. However, it involves many risks and uncertainties due to large investments and a long concession period. It is very important to recognize and find out ways to cope with the critical risks that are related to the investments made in PPP projects by foreign investors. The aim of this article is to risk ranking associated with PPP projects using a risk matrix. The papers carries out literature review, consultation and questionnaire survey (among a panel of experts) to identify common risks in PPP projects. The risks identified from the literature were classified according to the type of risk. Finally, the results show that third party tort liability, interest rate volatility, construction cost overruns, and changes in law are critical risks