Privatisation of Housing Development - A Study on Goverment-Linked

PRIVATISATION OF HOUSING DEVELOPMENT - A STUDY ON GOVERMENT-LINKED COMPANIES (GLCS)

Professor Dr. Sr. Abdul Rashid Abdul Aziz (Project Leader)

Dr. Mastura Jaafar

Puteri Shakira Jahn Kassim

Lai Shuw Wei

School of Housing, Building and Planning

Universiti Sains Malaysia

11800 USM, Pulau Pinang

ABSTRACT

Astudy was conducted to examine housing public private partnerships (PPP) in Malaysia with specific reference to govemment agencies involved in housing development. These agencies include local authorities, state economic development corporations (SEDCs), regional authorities, Islamic councils, government-linked companies and ministry-owned organisations. The objectives of the research were (1), to determine the extensiveness and intensiveness of housing PPP during the 2000-2006 survey penod, (2) to ascertain the objectives of adopting housing PPP, (3) to identify the critical success factors of housing PPP, and (4) to formulate best practices for housing PPP Data was collected using the mixed method of postal questionnaire and follow-up interviews. In order to produce best practices of housing PPP, the multi-cases study approach was conducted on 10 housing PPP projects. To validate the drafted best practices, a seminar was organised attended by invited officers from the various government agencies. All government agencies should take cognisance of the findings of this study to avoid overly optimistic expectations and costly blunders.

Keywords: Housing, development, public private partnerships