Why PPP Modeled Infrastructure Projects Failed:A Critical Review with a Special Focus on Road Sector
April 2017
N. Srinivasa Reddy, Pankaj Sharma

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Abstract

Infrastructure is the back bone of economic development of any Nation. Road infrastructure plays key role for trade and commerce, connecting the production and consumption centers. Road and transportation infrastructure construction is highly capital intensive, wherein the government alone cannot meet its ends and initiated Public Private Partnership (PPP) for its execution right from planning and designing to its maintenance through various PPP models. Over the last few years many of the awarded roadprojects through PPP modelare stalled citing various reasons. This technical paper analyses the risk factors associated with PPP –toll operated road projects through case studies and suggested corrective measures like shadow tolling and hybrid models for restoration of PPP.

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  • Eye Icon 81 views
  • Download Icon 106 downloads
Metrics Icon 81 views  //  106 downloads