PRIVATE SECTOR PARTICIPATION IN THE DEVELOPMENT OF PUBLIC WORKS: ISSUES AND GUIDELINES. 13TH AUSTRALASIAN TRANSPORT RESEARCH FORUM, CHRISTCHURCH, NEW ZEALAND, 18-21 JULY, 1988; FORUM PAPERS. VOLUMES 1 AND 2
The aim of this paper is to develop guidelines for greater participation of the private sector in the development of public works. In so doing it will be necessary to review the various forms of privatisation and to determine which areas best lend themselves to private participation. A number of forms of privatisation have had mixed success in the past, both in Australia and overseas. As far back as the depression years of the 1930s the private sector has participated in the development of public works. For example, the Hornibrook highway in Brisbane linking Redcliffe to Brighton was privately funded and was the first bridge for which a toll was collected in Queensland. A more recent example, the Gateway Bridge, is a case where the private sector has provided a facility that may not have been built for some time if left to the availability of public funds. The development of suitable guidelines for the greater participation of the private sector in the provision of public goods must consider the issues of asset ownership, competition, the role of regulation and social equity. Unless these issues are adequately addressed at the outset, it is likely that special interest groups will gain an advantage over others. Above all else, the elements of competition must prevail throughout. (Author/TRRL)
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/isbn/0477052096
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Corporate Authors:
Ministry of Transport, New Zealand
38-42 Waring Taylor Street, P.O. Box 3175
Wellington, New Zealand -
Authors:
- HACK, F
- GRIGG, T
- Publication Date: 1988
Media Info
- Features: References;
- Pagination: p. 1-17
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Serial:
- Publication of: Ministry of Transport, New Zealand
- Publisher: Ministry of Transport, New Zealand
Subject/Index Terms
- TRT Terms: Bridges; Civil engineering; Competition; Conferences; Economics; Financing; Guidelines; Private enterprise; Recommendations; Toll roads
- Geographic Terms: Australia
- ITRD Terms: 8006: Australia; 3455: Bridge; 235: Competition; 8525: Conference; 3655: Construction; 255: Economics; 244: Financing; 9118: Private; 177: Specifications; 2702: Toll road
- Subject Areas: Administration and Management; Bridges and other structures; Economics; Finance; Highways; Planning and Forecasting; Research;
Filing Info
- Accession Number: 00492880
- Record Type: Publication
- Source Agency: ARRB
- ISBN: 0-477-05209-6
- Files: ITRD, TRIS
- Created Date: May 31 1990 12:00AM