Private participation in the transport sector: lessons from recent experience in Europe and Central Asia

This report reviews recent experience in the ECA region, with a focus on Central and Eastern European (CEE) and South Eastern European (SEE) countries for contractual public private partnerships (PPPs) in the transport sector. During the past two decades, PPPs have become an acceptable structure for public service provision and financing in the world. In the best cases, PPPs clearly surpass traditional public procurement for service quality and value for money - reflecting a better distribution of risk and providing incentives for innovation in financing, implementation and management. The PPP model was introduced in the countries of the Europe and Central Asia (ECA) region soon after economic transition, and after well-publicized difficulties, some notable successes have been achieved. The review and evaluation of past investment projects, both successes and failures, can provide valuable lessons for governments on the options that they have for spending for infrastructure, but also equally and sometimes more importantly, the necessary pre-requisites.

Language

  • English

Media Info

  • Pagination: 81p
  • Serial:
    • Issue Number: TP 24

Subject/Index Terms

Filing Info

  • Accession Number: 01384533
  • Record Type: Publication
  • Source Agency: ARRB
  • Files: ATRI
  • Created Date: Aug 22 2012 4:38PM