ROLE OF CONSULTANTS AND PRIVATE SECTOR PARTICIPATION IN INFRASTRUCTURE DEVELOPMENT IN THE NEW MILLENNIUM

This paper discusses privatization in the Indian road industry. Private sector participation in road building has already started and in this context transport consultants have a wider role. From a global perspective, toll roads are made viable if financed through a partnership between public and private sectors. So far, private sector participation in India has been limited to small projects; government participation is crucial for larger ones. A major partnership project is the National Highway Development Project. A number of major policy initiatives were taken by the government to promote private sector participation. A road development fund exists but remains in governmental control. Private investment can be encouraged through toll revenue collection, long term finance, a concession agreement, state support, autonomous regulatory mechanisms and legal rationalization. Transport consultants would have a much more productive role. For the covering abstract see ITRD E116046.

• Corporate Authors:

  BANGALORE UNIVERSITY

  BANGALORE,   India  560056
• Authors:
  • CHAKRABORTY, S S
• Conference:
  • PROCEEDINGS OF THE SILVER JUBILEE CONFERENCE ON ROAD INFRASTRUCTURE MANAGEMENT (RIM) IN THE NEW MILLENNIUM, HELD MARCH 10-11, 2000, BANGALORE
• Publication Date: 2000

Language

• English

Media Info

• Pagination: p. 243-51

Subject/Index Terms

• TRT Terms: Conferences; Federal government; Financing; Investments; Partnerships; Privatization; Road construction; Toll collection
• Geographic Terms: India
• ITRD Terms: 155: Administration; 8140: Bangladesh; 3857: Condition survey; 8525: Conference; 150: Developing countries; 255: Economics; 244: Financing; 183: Government (national); 8045: India; 8046: Indonesia; 227: Investment; 675: Modal split; 219: Partnership; 102: Personnel; 173: Policy; 171: Privatisation; 3665: Road construction; 8112: Tanzania; 291: Toll collection
• Subject Areas: Construction; Data and Information Technology; Finance;

Filing Info

• Accession Number: 00938974
• Record Type: Publication
• Source Agency: Transport Research Laboratory
• Files: ITRD
• Created Date: Mar 7 2003 12:00AM