Highways


Roads can play a crucial role for economic development, as they carry between 60 to 80 percent of passenger and freight transport in developing countries. In many countries, however, road maintenance is severely neglected, resulting in the loss of asset value, poor quality of service, and failure to provide access to remote areas. Private participation can increase the efficiency of project execution, reduce costs, enhance implementation capacity, mobilize private financial resources, and free up scarce public resources.

The toolkit provides a detailed guide to introducing private participation in highways, with practical tools for structuring the main contractual and financial terms.

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About this toolkit

This toolkit was prepared by the World Bank and external consultants with funding from Public Private Infrastructure Advisory Facility (2nd edition 2009). The Task Manager was Jose Luis Irigoyen.