Results of PPP Investment Model Don't Match Early Enthusiasm

(Beijing) – A highly anticipated model that would see partnerships between public and private investors set up to get infrastructure projects built has fallen far short of expectations in practice.

Since the third plenum of the Communist Party's 18th Central Committee in late 2013 called for more private involvement in infrastructure building and public utility projects, the model, called public-private partnership (PPP), has created a buzz in China because Beijing wants to rely more on it to boost infrastructure investment.