Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Implementation of PPP for Urban Metro System: Critical Issues for Developing Countries
Rapidly growing urbanization in developing countries has led to high level of traffic demand and vehicle emissions. Consequently, the rail-based transport system is preferred in growing metropolises as an advanced transport mode, potentially resolving mentioned problems. The huge capital requirement of urban metro projects, however, far exceeds the availability of the state or central government funding. To meet the gap in finance, the public sector has implemented public–private partnership (PPP) framework to build the system. This contract form offers valuable benefits, such as access to finance, appropriate risk allocation, and efficient management ability. Nevertheless, international experience in metro plans reveals that the successful application of PPP in this transport mode is significantly challenged by various critical issues. Hence, prior to engaging in PPP urban metro projects, key elements justifying the benefits and possible threats, need to be evaluated. This paper, by reviewing international experience, intensively from emerging markets, and by carrying out an in-depth case study, attempts to clarify key issues, and strategy implications to promote successful PPP mechanism for urban metro system in Vietnam.
Implementation of PPP for Urban Metro System: Critical Issues for Developing Countries
Rapidly growing urbanization in developing countries has led to high level of traffic demand and vehicle emissions. Consequently, the rail-based transport system is preferred in growing metropolises as an advanced transport mode, potentially resolving mentioned problems. The huge capital requirement of urban metro projects, however, far exceeds the availability of the state or central government funding. To meet the gap in finance, the public sector has implemented public–private partnership (PPP) framework to build the system. This contract form offers valuable benefits, such as access to finance, appropriate risk allocation, and efficient management ability. Nevertheless, international experience in metro plans reveals that the successful application of PPP in this transport mode is significantly challenged by various critical issues. Hence, prior to engaging in PPP urban metro projects, key elements justifying the benefits and possible threats, need to be evaluated. This paper, by reviewing international experience, intensively from emerging markets, and by carrying out an in-depth case study, attempts to clarify key issues, and strategy implications to promote successful PPP mechanism for urban metro system in Vietnam.
Implementation of PPP for Urban Metro System: Critical Issues for Developing Countries
Lecture Notes in Civil Engineering
Ha-Minh, Cuong (Herausgeber:in) / Tang, Anh Minh (Herausgeber:in) / Bui, Tinh Quoc (Herausgeber:in) / Vu, Xuan Hong (Herausgeber:in) / Huynh, Dat Vu Khoa (Herausgeber:in) / Nguyen, Minh Nhat (Autor:in) / Dinh, Tuan Hai (Autor:in)
CIGOS 2021, Emerging Technologies and Applications for Green Infrastructure ; Kapitel: 155 ; 1535-1544
28.10.2021
10 pages
Aufsatz/Kapitel (Buch)
Elektronische Ressource
Englisch
| British Library Conference Proceedings | 2005
Issues concerning flood control and urban drainage in developing countries
| British Library Conference Proceedings | 1999
Theme 8: Developing Countries Issues
| British Library Conference Proceedings | 2003
BOOK REVIEWS - 109 Solid Waste Management: Critical Issues for Developing Countries
| Online Contents | 1999
| DSpace@MIT | 1982