DocumentCode :
2621588
Title :
Accelerating the roads sector development in African countries through Public-private Partnerships (PPPs): The case study of Tanzania
Author :
Mwita, Deus ; Chen, Yan ; Mzee, Philemon Kazimil
Author_Institution :
Transp. Manage. Coll., Dalian Maritime Univ., Dalian, China
fYear :
2011
fDate :
27-29 June 2011
Firstpage :
156
Lastpage :
161
Abstract :
The recent success stories about Public-private Partnerships (PPPs) in developed countries have won the attention of both policy/decision makers and professionals and steers the rethinking about the available strategies for managing the roads sector developments in third world countries. The enthusiasm for PPPs [1] can be explained by improved understanding of efficiency gains and risks of bundling and unbundling tasks as well as availability and lower costs of private sector finance, thus; the main motivations for choosing PFIs. The main PFIs approaches identified are: (i) design-build-finance-maintain-operate; (ii) design-build-finance-maintain; and (iii) build-Finance. This article examines the relevance of PFIs in accelerating the roads sector developments in developing counties.
Keywords :
decision making; finance; organisational aspects; public administration; risk analysis; road building; African countries; Tanzania; design-build-finance-maintain-operate; policy/decision makers; private sector finance; public-private partnerships; risks; roads sector developments; Companies; Contracts; Finance; Government; Maintenance engineering; Roads; Vehicles; Contracting Out (COs); Divestiture; Private Finance Initiatives (PFIs); Public Private Partnership (PPP); Special Purpose Vehicle (SPV);
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Computer Science and Service System (CSSS), 2011 International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4244-9762-1
Type :
conf
DOI :
10.1109/CSSS.2011.5974740
Filename :
5974740
Link To Document :
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