Paving Way for Road Infrastructure Development in Public Private Partnership Emerging Economies: Lessons from Global Experiences and Policy Practices

摘要

Mismanagement of financing, tolling and project processes have been at the centre of the slow development of road infrastructure. Using a global outlook approach, this study synthesizes the public private partnership (PPP) financial challenges, tolling practices and PPP roads project experiences. Case studies were purposively selected to identify successes, failures, and reasons why such happened, as well as measures that have been taken to improve the PPP operating environment across the globe. This paper provides broad lessons upon which PPP emerging economies, especially those in Africa can improve road infrastructure for sustainable development.