A STUDY ON HIGHWAY PROJECT PROCUREMENT THROUGH EVALUATION OF ALTERNATIVE PUBLIC-PRIVATE PARTNERSHIP APPROACHES
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概要
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Conventionally, highways are formulated by public departments through annual government budgets. However, due to budget deficits, limited investment in feasibility studies and technical innovations, most highway projects encounter overruns. On the other hand, privatization of highway assets faces renegotiation, revenue short falls or profit maximization and unbearable risks. This paper aims to facilitate procurement of highway projects successfully through public-private partnership (PPP) approaches. The objective is to evaluate the applicability of PPPs for highway projects in developing countries, particularly Myanmar. Analysis focuses on key criteria and comparison of other countries' PPP experiences. Finally, PPP options appropriate for Myanmar are highlighted as being procurements with autonomous public agency, government and private investment on public work force/ public-private joint venture (JV) under PPP regulations.
- Eastern Asia Society for Transportation Studiesの論文
Eastern Asia Society for Transportation Studies | 論文
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