Contribute to Knowledge About Barriers in Implementing Public Private Partnership (PPP) Projects in Developing Countries: A Case of Vietnam

Public-private partnership (PPP) projects are crucial for the economic growth of any country, especially in a country like Vietnam that is still developing. This paper examines the challenges commonly faced by PPP projects in Vietnam by surveying 218 experts. The results highlight the top five obstacles: “Political interference in the procurement process,” “Lack of government guidelines and procedures on PPP project implementation,” “Corruption,” “Lack of transparency,” and “High transaction and participation costs.” Additionally, the study used ANOVA to explore differences in how barriers are perceived between participants in the public and private sectors. The findings show variations in how barriers are perceived based on participants’ experiences and sectors. This paper presents a practical study that identifies and evaluates the barriers faced by PPP projects in Vietnam. It provides valuable insights into the construction industry and helps authorities develop measures to promote the development of PPP projects.