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the malaysian trust school programme: is it a public-private partnership (ppp)?

24/9/2019

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Dr. Sivakumar Velayutham and Mr. Rashedul Hasan (Nilai University)

The Malaysian Trust Schools Programme is a collaboration of Yayasan Amir (a foundation set up by Khazanah a sovereign wealth fund of the Government of Malaysia) and the Malaysian Ministry of Education to improve accessibility to quality education in public schools (Yayasan Amir, 2017). The above programme has been promoted as a public-private partnership by both Khazanah and the Ministry of Education (Wan Jan, 2014; Devi, 2018; Yaysan Amir, 2017). Yayasan Amir funds the programme through funding by Khazanah, other sponsors, and the issue of a sukuk (Islamic Bonds) and is administered by Leap Ed (a fully owned subsidiary of Khazanah) by way of a service agreement with Yayasan Amir. A review of a public-private partnership literature indicates that the above collaboration does not meet the criteria of a public private partnership. This paper seeks to interrogate the possible reasons for structuring of the above collaboration as a public-private partnership between a sovereign wealth fund and the state in light of the Malaysian 1MDB scandal. The study highlights the need to be more critical of the benefits of public-private partnerships and the scope for abuse.

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    public finance and the good life

    taxation; debt sustainability; mobilization of domestic resources; government expenditures; remittances for development; etc.

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​EASTERN REGIONAL ORGANIZATION FOR
​PUBLIC ADMINISTRATION

NCPAG Bldg., RP de Guzman St.,
University of the Philippines, Diliman,
Quezon City, Philippines 1101
Telefax: (+632) 8 929 7789
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  • Home
  • About
    • Our Story
    • Constitution
    • EROPA Centers
    • EROPA Secretariat >
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  • Publications
    • Public Administration News
    • ARPA >
      • ARPA Editorial Board
      • ARPA Call for Papers
      • Publication Ethics and Malpractice Statement
      • Notes for Contributors
      • Abstracts >
        • 2019, Volume 30, Nos. 1-2
        • 2018, Volume 29, Nos. 1-2
        • 2017 Volume 28, Nos. 1 & 2
        • 2016 Volume 27, Nos. 1 & 2
        • 2015 Volume 26, Nos. 1 & 2
        • 2014 Volume 25, No. 2
        • 2014 Volume 25, No. 1
        • 2013 Volume 24, Nos. 1 & 2
        • 2012 Volume 23, Nos. 1 & 2
        • 2011 Volume 22, No. 2
    • EROPA Bulletin >
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    • Resources >
      • EROPA Brochure & Forms
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    • List of Past Conferences
    • Database for Past Conferences >
      • EROPA 2022 Conference
      • EROPA 2019 Conference
      • EROPA 2018 Conference
      • EROPA 2017 Conference
      • EROPA 2016 Conference
      • 2012-2015 Conferences
    • Carlos P. Ramos Award for Best Conference Paper
    • Asian Leadership Forum
    • Stories to Share
  • Activities
    • Latest Activities
    • EROPA ExP >
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        • Peter Bergerson
        • Edna Estifania A. Co
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        • Perla Legaspi
        • Lue Li
        • Akira Nakamura
        • Orlando Mercado
        • Jon Quah
        • Lisa Saye
        • Sombat Thamrongthanyawong
        • Prijono Tjiptoherijanto
        • Roger Wettenhall
        • Tao Zhang
        • Mohd Afzanizam Mohd Badrin
        • Wong Wai Lun, Vincent
      • JOIN ExP DATABASE
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  • #TAG Dialogue
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