JSS  Vol.3 No.5 , May 2015
Public Private Partnerships for Transportation Infrastructure Delivery
Author(s) Francesca Leccis
ABSTRACT

The term Public Private Partnerships includes different forms of collaboration between the public and the private sector. These formulas are adopted in a constantly increasing number of countries all over the world in order to overcome the chronic lack of funding and ensure the delivery of infrastructure projects. The paper illustrates the vital role of cooperation between public bodies and private entities in the delivery of public transportation infrastructure. In particular, it focuses on toll roads and highways. Key factors of success and risk are identified and illustrated through five case studies from Chile, Hungary, South Africa-Mozambique, United Kingdom and California.


Cite this paper
Leccis, F. (2015) Public Private Partnerships for Transportation Infrastructure Delivery. Open Journal of Social Sciences, 3, 21-27. doi: 10.4236/jss.2015.35004.
References
[1]   CEC (Commission of the European Communities) (2009) Mobilising Private and Public Investment for Recovery and Long Term Structural Change: Developing Public Private Partnerships. Brussels (Belgium): Commission of the European Communities.

[2]   Canning, D. and Fay, M. (1993) The Effects of Transportation Networks on Economic Growth, Columbia University: Department of Economics Discussion Paper.

[3]   Milbourne, R., Otto, G. and Voss, G. (2003) Public Investment and Economic Growth. Applied Economics, 35, 527- 540. http://dx.doi.org/10.1080/0003684022000015883

[4]   AECOM Consult Team (2007) Case Studies of Transportation Public-Private Partnerships around the World. s.n, Arlington.

[5]   Moseley, M.M. (2012) What Is a Public-Private Partnership? [Sound Recording].

[6]   EU (European Union) (2010) Developing Public Private Partnerships. http://europa.eu/legislation_summaries/employment_and_social_policy/eu2020/em0026_en.htm

[7]   Ministry of Finance Republic of Latvia (2012) PPP Types/Forms. http://www.fm.gov.lv/en/s/ppp/about_ppp/ppp_types_forms/

[8]   The World Bank (2014) Building Integrated Markets within the East African Community: EAC Opportunities in Public-Private Partnership Approaches to the Region’s Infrastructure Needs. World Bank Publications, Washington DC.

[9]   NCPPP (The National Council for the Public-Private Partnership) (2014) 7 KEYS TO SUCCESS. http://www.ncppp.org/ppp-basics/7-keys/ Wright and Wright, W. (1906) Flying-Machine. US Patent No. 821393.

[10]   OECD (2008) Regulatory Frameworks for Successful PPPs in MENA Countries: Emerging Good Practice. In: Making Reforms Succeed: Moving Forward with the MENA Investment Policy Agenda. s.l.: OECD Publishing, 263-292. http://dx.doi.org/10.1787/9789264052826-12-en

[11]   PPPIRC (Public Private Partnership in Infrastructure Resource Centre) (2014) About Public-Private Partnerships. http://ppp.worldbank.org/public-private-partnership/overview

[12]   PwC (2014) Governments & Infrastructure. http://www.pwc.com/sg/en/industries/government-and-infrastructure.jhtml

[13]   Irwin, T., Klein, M., Perry, G.E., Thobani, M. (1997) Dealing with Public Risk in Private Infrastructure. In: Dealing with Public Risk in Private Infrastructure: An Overview. The International Bank for Reconstruction and Development/ The World Bank, Washington DC, 1-18.

[14]   Smith, W. (1997) Covering Political and Regulatory Risks: Issues and Options for Private Infrastructures Arrangements. In: Dealing with Public Risk in Private Infrastructure. The International Bank for Reconstruction and Development/The World Bank, Washington DC, 45-88.

[15]   Grimsey, D. and Lewis, M.K. (2004) Public Private Partnerships the Worldwide Revolution in Infrastructure Provision and Project Finance. Edward Elgar Publishing Limited. Cheltenham.

[16]   Irwin, T. (2007) Government Guarantees Allocating and Valuing Risk in Privately Financed Infrastructure Projects. The International Bank for Reconstruction and Development/The World Bank, Washington DC. http://dx.doi.org/10.1596/978-0-8213-6858-9

[17]   Engel, E., Fisher, R. and Galetovic, A. (1997) Infrastructures Franchising and Government Guarantees. In: Dealing with Public Risk in Private Infrastructure. The International Bank for Reconstruction and Development/The World Bank, Washington DC, 89-108.

[18]   Li, B., Akintoye, A., Edwards, P. J. and Hardcastle, C. (2005) Critical Success Factors for PPP/PFI Projects in the UK Construction Industry. Construction Management and Economics, 23, 459-471. http://dx.doi.org/10.1080/01446190500041537

[19]   Author’s Work. http://upload.wikimedia.org/wikipedia/commons/3/31/Taiga.png

[20]   Griffin, M. (2014) M6 Toll 10 Years on: Success or Failure? http://www.birminghammail.co.uk/news/local-news/m6-toll-10-years--6458817

[21]   CEE Bankwatch Network (2014) M1/M15 and M5 Motorways, Hungary. http://bankwatch.org/public-private-partnerships/case-studies/m1m15-and-m5-motorways-hungary

[22]   PPIAF (Public Private Infrastructure Advisory Facility) (2009a) Urban Highway Concessions in Santiago, Chile. http://www.ppiaf.org/sites/ppiaf.org/files/documents/toolkits/highwaystoolkit/6/case_studies/chile.html

[23]   PPIAF (Public Private Infrastructure Advisory Facility) (2009b) M1/M15 Motorway, Hungary. http://www.ppiaf.org/sites/ppiaf.org/files/documents/toolkits/highwaystoolkit/6/case_studies/hungary.html

[24]   PPIAF (Public Private Infrastructure Advisory Facility) (2009c) N4 Toll Road from South Africa to Mozambique. http://www.ppiaf.org/sites/ppiaf.org/files/documents/toolkits/highwaystoolkit/6/case_studies/safricamozambique.html

[25]   PPIAF (Public Private Infrastructure Advisory Facility) (2009d) M6 Toll, United Kingdom. http://www.ppiaf.org/sites/ppiaf.org/files/documents/toolkits/highwaystoolkit/6/case_studies/uk.html

[26]   PPIAF (Public Private Infrastructure Advisory Facility) (2009e) Country case study: United States. http://www.ppiaf.org/sites/ppiaf.org/files/documents/toolkits/highwaystoolkit/6/case_studies/us.html

 
 
Top