Welcome to Quantity Surveying and Construction Procurement

Assalamualaikum and dear all,

This blog compliments teaching and learning for courses that I facilitate at the International Islamic University Malaysia (IIUM). The contents serve to further 'connect' students to the 'real world' (quantity surveying, construction procurement and others). In trying to provide current information to students, I will be quoting or reproducing works of others and for this I am grateful. I will indicate clearly the source(s). I hope I will not offend anyone; and many will frequent this blog and benefit from its contents.

Thank you and wassalam.

Prof. Sr. Dr. Khairuddin Abdul Rashid

Friday, January 14, 2011

Funding for PPP Projects

Salam and dear all,
  • An article in The Star 14th January 2011 discusses effort by a Special Purpose Vehicle - SPV - to raise money in order to fund its projects under the concept of Public Private Partnership - PPP. In addition, an article in the Business Times 15th January 2011 provides further discussion on the subject of SPV and PPP.
  • More importantly, both articles discusses the concept of Built-Lease-Transfer or BLT, 'off-balance sheet', an instrument under the shari'ah compliant mechanism referred to as sukuk and many more.
  • Read the article here: Pembinaan BLT plans RM10b sukuk
  • Read the article here: Pembinaan BLT to roll out jobs worth RM3b this year
Wassalam
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