Privately Financed Infrastructure -- A Concession Company’s Point of View

Under a concession system the state grants a franchise the right to finance, build, own, operate, and maintain a public infrastructure for a given period, and to charge users for that service. Concessions are normally stand-alone, single-purpose entities that are expected to finance themselves eventually, if not initially, without recourse to their shareholders. They are independent corporate entities run by a dedicated staff that seeks career advancement within the concession company. Invariably, the successful concession has been created because of a compelling economic need.

Anglais
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Financement privé des infrastructures routières : le système des concessions

Under a concession system the state grants a franchise the right to finance, build, own, operate, and maintain a public infrastructure for a given period, and to charge users for that service. Concessions are normally stand-alone, single-purpose entities that are expected to finance themselves eventually, if not initially, without recourse to their shareholders. They are independent corporate entities run by a dedicated staff that seeks career advancement within the concession company. Invariably, the successful concession has been created because of a compelling economic need.

Français

Assessment of Selected Road Funds in Africa, Case Study of Benin, Ethiopia, Ghana, Kenya and Zambia

In response to the deteriorating condition of the road network and the high associated economic costs, various stakeholder consultations were held during the 1980s under the umbrella of the Road Management Initiative (RMI), which set the broad outline of a new policy framework for the road sector.

Anglais
S'abonner à Road financing plans