Trial Balance

Private Sector Financing for Road Projects in India

• Editorial: Asian Development Bank
• Año: 2015
• ISBN:
  9789292549206
• Categoría: Betriebswirtschaft
• Categoría: Privates Eigenkapital

India has developed and tested various mechanisms and processes for more effective public-private partnerships in the roads sector, with the goal of achieving an optimal balance of value-for-money and business interests. This report examines various public-private partnership models that India has tested and modified along the way toward its attempts to find the most appropriate model. It also examines the previous and ongoing experiences of the Government of India to create the necessary mechanisms and systemization, policies and legislation, and flexibility for contract negotiation, to allow public and private stakeholders to work cohesively in their effort to improve India's road infrastructure.

Contents

I	BACKGROUND		1
1	Road Sector in India		1
1.1	Description of Road Network		1
1.2	Road Infrastructure Financing		2
1.3	The Role of Public–Private Partnerships in Road Development		4
2	Public–Private Partnerships and Private Sector Finance		5
2.1	Definition of a Public–Private Partnership		5
2.2	Government Public–Private Partnership Institutions		6
2.3	Policy and Legal Frameworks		7
	2.3.1	Policy Framework	7
	2.3.2	Legal Framework	7
	2.3.3	Model Documents, Processes, and Tool Kits	9
	2.3.4	Dispute Resolution	10
Summary			10
Public–Private Partnership Models			10
International Reference			11
II	EVOLUTION OF PUBLIC–PRIVATE PARTNERSHIP MODELS		12
3	Direct Negotiation Models		12
4	Joint Venture Model		14
4.1	Delhi Noida Toll Bridge		14
4.2	Government’s View of the Joint Venture Model		16
5	Competitive Procurement and Streamlining o...