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A Public Private Partnership (PPP) project for the redevelopment of a bus terminal at Jalan Rogayah in Batu Pahat, Johor, is proposed by the Batu

image text in transcribed A Public Private Partnership (PPP) project for the redevelopment of a bus terminal at Jalan Rogayah in Batu Pahat, Johor, is proposed by the Batu Pahat Municipal Council (MPBP) of Malaysia. The area appeared disorganised, with buses and taxis parked haphazardly. There were many hawker stalls there serving meals to travellers. The place was generally seen as immature because the surrounding region was filthy and ugly. As a result, the land's owner, MPBP, wanted to renovate the region to offer organised transportation to the general public. In order to do this, MPBP has taken steps to renovate the building's current amenities and promote stronger economic activity there and in the area around it. A private developer, ABEEI Group, who created the services' design, was invited to carry out the project. The management carefully examined the design before the board council meeting and the state government authorised it. Table Q4 (in Appendix) below details the developer's allocated work's scope. In the proposed arrangement, the developer's managed parking lots' income would be split 60:40, with the council receiving the largest share, and the complex would be owned by the council after 60 years. You are responsible for advising ABEEI Group on managing the PPP project setup and assessing the investment risk. (a) Illustrate a PPP project set-up for ABEEI Group. (b) (10 marks) Assess THREE (3) possible risk and issue that the investment could cause for the ABEEI Group. Table Q4 (a): Summary of scope of project (15 marks) Floor Use Floor space (sq. ft) Ground Floor Shopping Complex 13,800 1st Floor Shopping Complex 41,232 2nd Floor Shopping Complex 40,735 3rd Floor Shopping Complex 22,147 4th Floor Shopping Complex 19,026 5th-6th Floor 271 unit of Parking Bays 7th-15th Floor Office Space

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