7. Study limitations
The results presented herein should be interpreted in light of two limitations. First and foremost, the small sample size used to gather information. This has obviously diminished statistical power. Second, the study was focused on one infrastructure sector in one country. Thus, the results may not generalize to other infrastructure sectors or countries. Further research is needed to expand our understanding on the underlying assumptions used by government to retain a particular risk, or allocate it to the private sector. Understanding the mechanism guiding the formation of risk allocation strategies by the Indonesian government to attract (or otherwise) private investment to this critical infrastructure sector would go a long way in shaping the private sector’s commitment.