Worldwide Trends in Private Participation in Roads : Growing Activity, Growing Government Support

Private participation in roads revived strongly in developing countries in 2005-06. The activity was concentrated in green field projects and in Asia and Latin America. The main reason for the revival has been the willingness of governments to prov...

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Bibliographic Details
Main Authors:	Queiroz, Cesar, Izaguirre, Ada Karina
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	BOT CAPITAL COSTS CAPITAL GRANTS CITIES COMPETITIVE BIDDING COMPETITIVE SELECTION CONCESSION CONCESSION CONTRACTS CONCESSION PROJECT CONCESSIONAIRES CONCESSIONS CONGESTION CONSUMER PRICE INDEX CONTRACTUAL AGREEMENTS DEMAND FOR TRANSPORT DRIVING ECONOMIC GROWTH EXPANSION FINANCIAL CLOSURE FINANCIAL EFFICIENCY FINANCIAL VIABILITY FUEL FUEL TAXES HIGHWAY HIGHWAYS INTERNATIONAL BRIDGE LANES MAINTENANCE CONTRACTS MOTORISTS MOTORWAY PROJECTS NETWORK PLANNING NONGOVERNMENTAL ORGANIZATIONS PAVEMENT MARKINGS PRIVATE ACTIVITY IN INFRASTRUCTURE PRIVATE CAPITAL PRIVATE COMPANIES PRIVATE FINANCING PRIVATE INFRASTRUCTURE PRIVATE INVESTOR PRIVATE INVESTORS PRIVATE PARTNER PRIVATE PARTNERSHIP PRIVATE SECTOR PRIVATE SPONSORS PUBLIC PUBLIC INFORMATION PUBLIC MONEY PUBLIC REPORTING PUBLIC SECTOR PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC-PRIVATE PARTNERSHIPS REVENUE GUARANTEES ROAD ROAD CONCESSION ROAD CONCESSIONS ROAD MAINTENANCE ROAD NETWORKS ROAD PROJECTS ROAD USE ROADS SAFETY SERVICE DELIVERY SERVICE PROVIDER SHADOW TOLL SHADOW TOLLS TECHNICAL ASSISTANCE TOLL TOLL COLLECTION TOLL RATES TOLL REVENUES TOLL ROAD TOLLS TRAFFIC TRAFFIC VOLUME TRAFFIC VOLUMES TRANSPARENCY TRANSPORT TRANSPORT INFRASTRUCTURE TRANSPORTATION TRANSPORTATION RESEARCH TUNNEL VEHICLE VEHICLE-KILOMETER VEHICLES WEALTH
Online Access:	http://documents.worldbank.org/curated/en/2008/05/9512277/worldwide-trends-private-participation-roads-growing-activity-growing-government-support http://hdl.handle.net/10986/10607

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Summary:	Private participation in roads revived strongly in developing countries in 2005-06. The activity was concentrated in green field projects and in Asia and Latin America. The main reason for the revival has been the willingness of governments to provide support needed to attract the private sector. Nevertheless, governments need to be aware of the potential risks of such support. And because of the monopolistic features of road projects, they also need to ensure good governance so that the public reaps the full benefits of the private sector's involvement.

Worldwide Trends in Private Participation in Roads : Growing Activity, Growing Government Support

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