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...
Main Authors: | , |
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Language: | English |
Published: |
World Bank, Washington, DC
2012
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Subjects: | |
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 |
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. |
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