GraFar - Repository of the Faculty of Civil Engineering
Faculty of Civil Engineering of the University of Belgrade
    • English
    • Српски
    • Српски (Serbia)
  • English 
    • English
    • Serbian (Cyrilic)
    • Serbian (Latin)
  • Login
View Item 
  •   GraFar
  • GraFar
  • Radovi istraživača / Researcher's publications
  • View Item
  •   GraFar
  • GraFar
  • Radovi istraživača / Researcher's publications
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Assessing the financial feasibility of availability payment PPP projects

No Thumbnail
Authors
Mladenović, Goran
Queiroz, Cesar
Conference object (Published version)
Metadata
Show full item record
Abstract
Over the last couple of decades there has been an increased contribution of the private sector to finance infrastructure projects. However, in view of the current global financial crisis, it has become more difficult for governments, particularly in transition and developing economies, to attract private financing for infrastructure, which may affect negatively the capacity of many countries to expand, and even keep up their infrastructure. While this is an observed short-term phenomenon, it is still not clear what will be the medium to long term effect of the crisis. It may well be that governments may be willing to increase their financial support to infrastructure projects so as to make them more attractive to potential private investors. This paper focuses on availability payment (AP), which has been increasingly used to undertake critical infrastructure projects in both developing and developed countries. It presents the development of a user-friendly tool for financial assessment...s of availability payment PPP projects. The model is suitable for preliminary assessment and screening of potential PPP projects. The applicability of the tool is demonstrated through a numerical example of a potential road PPP project. The model can also be applied to any other mode of transport or infrastructure. The model can be used to carry out sensitivity analyses. The user can change the value of an input parameter (e.g., construction cost) and obtain the resulting impact, for example, on the project financial internal rate of return.

Source:
T and DI Congress 2014: Planes, Trains, and Automobiles - Proceedings of the 2nd Transportation and, 2014, 602-611
Publisher:
  • American Society of Civil Engineers (ASCE)
Scopus: 2-s2.0-84933511868
[ Google Scholar ]
8
URI
http://grafar.grf.bg.ac.rs/handle/123456789/570
Collections
  • Radovi istraživača / Researcher's publications
  • Катедра за путеве, аеродроме и железнице
Institution
GraFar

DSpace software copyright © 2002-2015  DuraSpace
About GraFar - Repository of the Faculty of Civil Engineering | Send Feedback

OpenAIRERCUB
 

 

All of DSpaceInstitutionsAuthorsTitlesSubjectsThis institutionAuthorsTitlesSubjects

Statistics

View Usage Statistics

DSpace software copyright © 2002-2015  DuraSpace
About GraFar - Repository of the Faculty of Civil Engineering | Send Feedback

OpenAIRERCUB