Risk Management in Transport PPP Projects
In the Islamic Countries
203
N/O Project Name Type of PPP Financial
closure year
Concession
Period
Share of
Private
Equity
Responsible
Ministry
41 New Pantai Highway Build, operate, and
transfer
1999 33 100 Ministry of
Works
42 East Coast Highway Build, operate, and
transfer
2000 33 100 Ministry of
Works
43 Guthrie Corridor
Expressway Sdn Bhd
Build, operate, and
transfer
2000
(Cancelled)
33 100 Ministry of
Works
44 Ipoh-Lumut
Expressway
Build, operate, and
transfer
2001 33 76 Ministry of
Works
45 Kajang Road Build, rehabilitate,
operate, and transfer
2001 36 100 Ministry of
Works
46 KL-Putrajaya Highway Build, operate, and
transfer
2003 33 100 Ministry of
Works
47 Tun Salahuddin Bridge Build, operate, and
transfer
2003 33 61 Ministry of
Transport
48 Kuala Lumpur North-
East Expressway
Build, operate, and
transfer
2005 34 100 Ministry of
Works
49 Senai-Desaru
Expressway
Build, operate, and
transfer
2005 33 100 Ministry of
Works
50 South Klang Valley
Expressway
Build, operate, and
transfer
2006 43 100 Ministry of
Works
51 Kajang-Seremban
Highway
Build, operate, and
transfer
2007 33 100 Ministry of
Works
52 Johor Eastern Dispersal
Link Expressway
Build, operate, and
transfer
2008 34 100 Ministry of
Works
Source: Authors based on World Bank database on infrastructure PPPs (retrieved on 02/09/2019).
Reference to specific projects
Reference to specific PPP examples is made throughout the case study to substantiate the
description of the practices and provision of recommendations. The following projects have
been in particular recalled in the report:
 The North South Expressway (PLUS) project, which was the first BOT project implemented
in Malaysia. The 30 years concession agreement was originally signed between the
Malaysian government and United Engineers (Malaysia) Berhad (UEM) in 1988. A
novation agreement was later signed between UEM and Projek Lebuhraya Utara-Selatan
(PLUS). The project included the construction, operation and maintenance of 462 km of
highway and the operation and maintenance of several already existing road sections. The
project forms the backbone of the country’s road network;
 The KLIA Express which is a daily high-speed air–rail connection between Kuala Lumpur
International Airport and Kuala Lumpur City Air Terminal covering a 57 kmdistance. KLIA
Express was planned before the opening of Kuala Lumpur International Airport in 1998 in
order to solve problems due to chronic traffic congestion on the way from and to the
airport. At that time, the need to implement a rail project without undertaking a significant
amount of burdens and risks led the government to start a cooperation with the private
sector. The project fell under a BOT model. Few bidders were invited by the government