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International Journal of Advanced Engineering, Management and Science


Why PPP Modeled Infrastructure Projects Failed:A Critical Review with a Special Focus on Road Sector

( Vol-3,Issue-4,April 2017 )

Author(s): N. Srinivasa Reddy, Pankaj Sharma



Total View : 557
Downloads : 6
Page No: 331-338
ijaems crossref doiDOI: 10.24001/ijaems.3.4.8

Keywords:

PPP in Highway Projects, Risk factors, Shadow Tolling, Hybrid Models.

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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