01088369

Component

In this paper, the authors examine the emerging roles of the private sector in transportation infrastructure programs/asset management strategies in India. Roles identified vary from those of a financier to an operator that may result in successful joint public-private ventures, particularly in developing countries. A case study involving such a joint venture in India, the Mumbai Pune Expressway/National Highway 4 (MPEW/NH4) is presented, and fiscal implications of the program, both from the perspective of the public and the private enterprise are examined. The study concludes that if properly planned, such joint ventures can be mutually beneficial. A joint public-private program may enable the public sector to use the resources saved for other public projects. It also provides the private agency the opportunity to invest monies in a profitable enterprise that also yields social benefits, e.g. improving mobility, economic development, etc. Careful analysis must be conducted before the project is undertaken to ensure that the project continues to yield benefits, after the private sector fulfills its obligations, and that the project does not become a public burden.

01084478

08-2435

English

30p

2008

Transportation Research Board 87th Annual Meeting

DVD

Figures; Maps; References (27) ; Tables (7)

Asset management; Case studies; Developing countries; Economic development; Joint ventures; Management; Mobility; Private enterprise; Public private partnerships

India

Administration and Management; Economics; Highways; Planning and Forecasting; I72: Traffic and Transport Planning

Transportation Research Board Annual Meeting 2008 Paper #08-2435

TRIS, TRB

Jan 29 2008 4:51PM