Business, Management and Accounting
8 years ago

Public-Private Partnerships Outshine Public Financing for Transformative Transportation Projects

2 views
Transportation Research Board 91st Annual MeetingTransportation Research Board
Evaluating Financial Options with Public or Private Funds in Delivering Transportation Infrastructure Projects
Dimitrios Tsamboulas, Grigorios Kechagias, Panayota Moraiti

Paper Summary

The article compares using private or public money for building transportation projects like roads. The researchers developed a method to decide which option is better for the public. They looked at costs, risks, and how efficient each option is. The new method considers what's best for the public. By using this method on a big road project in Greece, they found that the public system was more cost-effective. This new way of choosing how to pay for projects can help other countries make good decisions too.

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