New Ways Of Financing Transport Infrastructure Projects In Europe
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Author | : Daniela Carvalho |
Publisher | : |
Total Pages | : 114 |
Release | : 2018 |
Genre | : |
ISBN | : 9789284625857 |
This study assesses a range of mechanisms to finance transport infrastructure projects in cross-border regions, and analyses the strategic role that European Groupings of Territorial Cohesion (EGTC) could play in the planning and implementation of cross-border investments. Special attention is given to often neglected small-scale projects, whose investment is up to €1 million. Building on an in-depth literature review, and supported by interviews with various regional cooperation structures and an experts’ workshop, the study analyses the current situation regarding the availability of financing tools for new technologies that enhance transport infrastructure in cross-border regions. It also outlines sources of financial support that could meet investment needs and assesses technological challenges and trends in the field of Intelligent Transport Systems, with a focus on regional interoperability. The study ends with suggestions of policy options to facilitate and accelerate cross border transport infrastructure projects.
Author | : Athena Roumboutsos |
Publisher | : Routledge |
Total Pages | : 272 |
Release | : 2017-09-07 |
Genre | : Business & Economics |
ISBN | : 1351866222 |
This book seeks to enhance understanding of the impacts of project setup and its implementation environment on project performance by leveraging information from the study of a rich set of European transport infrastructure project cases. It puts forward a system’s view of project delivery and aims to serve as a strategic tool for decision makers and practitioners. The proposed approach is not limited to specific stakeholder views. On the contrary, it allows stakeholders to formulate their own strategies based on an holistic set of potential implementation scenarios. Furthermore, by including cases of projects that have been influenced by the recent financial crisis, the book aims to capitalise on experiences and provide guidelines as to the design and implementation of resilient projects delivered both through traditional as well as Public Private Partnership (PPP) models. Finally, the book proposes a new Transport Infrastructure Resilience Indicator and a corresponding project rating system that can be assessed with an eye to the future, ultimately aiming to support the successful delivery of transport infrastructure projects for all stakeholders involved.
Author | : Youssef Cassis |
Publisher | : Oxford University Press |
Total Pages | : 381 |
Release | : 2016 |
Genre | : Business & Economics |
ISBN | : 019871341X |
The social returns of investment in water, roads, and railways are apparent in the long run, but this distant horizon poses problems to governments and investors. This volume explores the different historical paths to solving the problem of infrastructure finance in Europe, from the fall of the Roman Empire to the end of the 20th century.
Author | : Thomas Laursen |
Publisher | : World Bank Publications |
Total Pages | : 50 |
Release | : 2009-02-20 |
Genre | : Business & Economics |
ISBN | : 0821378953 |
This paper describes the characteristics of public investment management (PIM) in seven EU countries as it applies to a single sector transport infrastructure. The report highlights some of the common challenges that four relatively new EU member states Poland, Slovakia, Slovenia, and Latvia face as they plan and execute their transport infrastructure projects. It recognizes the importance that EU-mandated processes and procedures have in shaping national systems in the new member states (NMS), but the report finds that actual practices often fall short of EU goals due to capacity constraints, weak institutional structures, and other factors. The experiences of the NMS are compared with those of more developed economies (namely Spain, the UK, and Ireland) to assess whether the later countries have faced similar challenges in managing public investment, and if so, what measures they have adopted to overcome them. This comparative analysis serves to draw out several good practice examples that are relevant for all countries. How those practices are applied in each country is a matter for further study, as each country considers its own political culture and administrative tradition. This paper is a first step toward building dialogue among public finance practitioners in Central and Eastern Europe on how to make public investment projects more effective and efficient over the long term.
Author | : United Nations. Economic Commission for Europe. Inland Transport Committee |
Publisher | : |
Total Pages | : 104 |
Release | : 2017 |
Genre | : Business & Economics |
ISBN | : |
During recent decades governments all around the world were faced with a complicated set of options for investing in transport, including transport infrastructure. This publication examines main principles for determining the most appropriate models for financing transport infrastructure expenditures but also illustrates and analyses many innovative ways to finance transport infrastructure. Financing, in this context, means the provision of money at the time and in the quantity, that is needed to meet society's transport infrastructure and transport service provision needs. Thus, financing is a basic underpinning of the entire process of providing and operating transport infrastructure. Accepting the view, that transport infrastructure is needed to provide a well-defined set of public services, at the highest-level financing the transport sector, including transport infrastructure expenditures, is fundamentally a sovereign task, which involves determining how much of the government's available (public) resources will be channelled into the transport infrastructure, during a given period, as opposed to other policy priorities. However, this report proves that this is not the case anymore. There are many other innovative ways from which transport infrastructure construction could be funded other than the government's available (public) resources.
Author | : S. Farrell |
Publisher | : Springer |
Total Pages | : 267 |
Release | : 1999-02-08 |
Genre | : Business & Economics |
ISBN | : 0230502296 |
Financing European Transport Infrastructure examines organisational arrangements for planning and financing transport infrastructure in Western Europe. It covers all modes of transport - road, rail, sea, air, urban, and inland waterways - and asks why their financing arrangements are so different. It looks at the division of responsibilities between central and local government, and the growing role of autonomous public bodies, the European Commission and private finance. It examines the consequences of investment failing to keep up with demand - in congestion, environmental damage and slower growth - and the impact of new approaches, including public-private partnerships.
Author | : John Nellthorp |
Publisher | : Routledge |
Total Pages | : 336 |
Release | : 2017-11-30 |
Genre | : Transportation |
ISBN | : 1351773313 |
This title was first published in 2003. The European Union is constantly struggling to find effective ways to plan major transport infrastructure developments at a European level. This is a critical factor in the emerging debates surrounding the absorption of the accession states into the EU, but it is essential for these states that their economic competitiveness is supported by appropriate and effective transport infrastructure. It is therefore crucial to find innovative approaches to the infrastructure itself, how it is financed and the ways in which proper evaluation procedures are implemented to select which policies, programmes and projects should be supported. This informative volume brings together leading international specialists in economic evaluation applied within the transport sector. Their contributions encompass all the main levels at which transport planning is typically conceptualized - strategic/regional policy, programme and project planning. It therefore examines how coherent economic evaluation practice can be developed and applied not only across different physical scales, but also across national borders.
Author | : Taylor & Francis Group |
Publisher | : Routledge |
Total Pages | : 292 |
Release | : 2020-12-18 |
Genre | : |
ISBN | : 9780367735791 |
This book seeks to enhance understanding of the impacts of project setup and its implementation environment on project performance by leveraging information from the study of a rich set of European transport infrastructure project cases. It puts forward a system's view of project delivery and aims to serve as a strategic tool for decision makers and practitioners. The proposed approach is not limited to specific stakeholder views. On the contrary, it allows stakeholders to formulate their own strategies based on an holistic set of potential implementation scenarios. Furthermore, by including cases of projects that have been influenced by the recent financial crisis, the book aims to capitalise on experiences and provide guidelines as to the design and implementation of resilient projects delivered both through traditional as well as Public Private Partnership (PPP) models. Finally, the book proposes a new Transport Infrastructure Resilience Indicator and a corresponding project rating system that can be assessed with an eye to the future, ultimately aiming to support the successful delivery of transport infrastructure projects for all stakeholders involved.
Author | : Ian Shore Jones |
Publisher | : |
Total Pages | : 146 |
Release | : 1996 |
Genre | : Infrastructure (Economics) |
ISBN | : |
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 138 |
Release | : 2018-08-31 |
Genre | : |
ISBN | : 9264304509 |
Transport infrastructure is crucial to connect developing countries and help them to boost trade, growth and regional integration. This is because cross-border or long-distance roads and railways as well as international ports and airports are needed to move products and people around in a ...