Operational Risks For Highway Projects In Malaysia.

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. H...

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Main Author: Mohamed Ghazali, Farid Ezanee
Format: Article
Language:English
Published: 2009
Subjects:
Online Access:http://eprints.usm.my/20302/1/operational_risks.pdf
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author Mohamed Ghazali, Farid Ezanee
author_facet Mohamed Ghazali, Farid Ezanee
author_sort Mohamed Ghazali, Farid Ezanee
collection USM
description 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.
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spelling usm.eprints-203022022-08-08T07:45:50Z http://eprints.usm.my/20302/ Operational Risks For Highway Projects In Malaysia. Mohamed Ghazali, Farid Ezanee TA1-2040 Engineering (General). Civil engineering (General) 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. 2009-05 Article PeerReviewed application/pdf en http://eprints.usm.my/20302/1/operational_risks.pdf 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
spellingShingle TA1-2040 Engineering (General). Civil engineering (General)
Mohamed Ghazali, Farid Ezanee
Operational Risks For Highway Projects In Malaysia.
title Operational Risks For Highway Projects In Malaysia.
title_full Operational Risks For Highway Projects In Malaysia.
title_fullStr Operational Risks For Highway Projects In Malaysia.
title_full_unstemmed Operational Risks For Highway Projects In Malaysia.
title_short Operational Risks For Highway Projects In Malaysia.
title_sort operational risks for highway projects in malaysia
topic TA1-2040 Engineering (General). Civil engineering (General)
url http://eprints.usm.my/20302/1/operational_risks.pdf
work_keys_str_mv AT mohamedghazalifaridezanee operationalrisksforhighwayprojectsinmalaysia