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Concessions for Infrastructure: A Guide to Their Design and Award (World Bank Technical Papers)

ISBN13: 9780821341650
ISBN: 0821341650
Binding: Paperback
List Price: $22.0
Publisher: World Bank Publications
Published Date:
Pages: 144
Average Goodreads rating: 4.50/5 (2 ratings)

This paper examines the increased role of the private sector in developing and maintaining critical infrastructure. It identifies governments' quest to shift part of the burden of new infrastructure investments to the private sector for the economic development of firms and industry and the improvement of quality of life and, given the constraints on public budgets, to finance growing infrastructure needs. Adequate infrastructure services include power, telecommunications, transport, water supply and sanitation. The paper also emphasizes the private sector involvement in bringing increased efficiency to investment and management and operation.