Brocklebank, Peter2015-03-102015-03-102014-12https://hdl.handle.net/10986/21572Achieving private sector involvement in financing, provision and management of roads requires specialized legal and institutional frameworks, public sector expertise, advisor support and sustained political commitment. In many African States, there is little experience of private sector involvement in the road sector but there is encouragement to promote such involvement from development partners. Increased private sector involvement in public sector procurement has been for many years an important aspect of the infrastructure investment policy of development partners, such as the World Bank and the African Development Bank. Public Private Partnerships (PPPs) are one of a number of initiatives being pursued within Africa, in relation to road sector reforms. In particular, the road sector reforms under the Road Management Initiative (RMI), launched in 1988 by the SSATP and the World Bank, in collaboration with other development partners have sought to improve road service delivery by reforming public sector institutions and legislation through clearly defined responsibility, ownership, stable financing and commercialized road management. Section two of this paper provides the general requirements for private sector involvement in road financing, provision and management, including contractual and procurement issues. Section 3 introduces the three case study projects. Sections four, five, and six provide the findings of the case studies undertaken in Dakar, Accra and Lagos respectively. Section seven summarizes the conclusions of key issues and policy guidance from the case study analysis.en-USCC BY 3.0 IGOACCELERATIONACCESS ROADACCIDENT RATESACCIDENT RISKAIRAIR POLLUTIONAIRPORTALLOCATION OF RISKSALTERNATIVE ROUTEARBITRATION BODYAVERAGE DAILY TRAFFICAVERAGE SPEEDBITUMENBRIDGEBRIDGESBUSESBYPASSESCAPACITY BUILDINGCAPITAL COSTSCAPITAL EXPENDITURECARCAR OWNERSHIPCAR USERSCARRIAGEWAYCARSCATCHMENTCOMMERCIAL BANKSCOMMERCIAL LENDERSCOMPETITIVE BIDDINGCOMPETITIVE BIDDING PROCEDURESCOMPETITIVE BIDDING PROCESSCONCESSIONCONCESSION AGREEMENTSCONCESSION CONTRACTCONCESSION MODELCONCESSION PROJECTCONCESSIONSCONGESTIONCONTRACT MANAGEMENTDEBTDEBT SERVICEDEBT SERVICINGDIVIDEND PAYMENTSDUAL CARRIAGEWAYSDUE DILIGENCEECONOMIC APPRAISALECONOMIC BENEFITSECONOMIC DEVELOPMENTECONOMIC GROWTHEFFICIENT ALLOCATIONEQUITY PARTNERSESCALATION FORMULAEXCHANGE RATEFINANCE CORPORATIONFINANCIAL ADVISORFINANCIAL CLOSUREFINANCIAL CRISISFINANCIAL RISKSFUELGOVERNMENT FUNDINGGOVERNMENT GUARANTEESGOVERNMENT PAYMENTSGRADEGREENHOUSE GASESHIGHWAYHIGHWAY AUTHORITYHIGHWAY CONSTRUCTIONHIGHWAY CORRIDORHIGHWAY IMPROVEMENTSHIGHWAY INVESTMENTHIGHWAY INVESTMENTSHIGHWAY NETWORKHIGHWAY PROJECTHIGHWAY TOLLHIGHWAY USERSHIGHWAYSHIGHWAY­REVENUEINCOMEINFRASTRUCTURE INVESTMENTINFRASTRUCTURE PROJECTSINFRASTRUCTURESINSTITUTIONAL FRAMEWORKINSTITUTIONAL FRAMEWORKSINSURANCEINTERCHANGESINTERNATIONAL AIRPORTINTERNATIONAL ARBITRATIONINTERNATIONAL FINANCEINTERNATIONAL FINANCIAL INSTITUTIONINTERNATIONAL FINANCIAL INSTITUTIONSINTERNATIONAL INVESTORSINTERNATIONAL TRAVELINTERSECTIONINTERSECTIONSINVESTMENT PROGRAMJOURNEYJOURNEY TIMEJUDGMENTJURISDICTIONSLAND ACQUISITIONLAND TRANSPORTLAND USELANESLEASE AGREEMENTSLEGAL FRAMEWORKLEGAL FRAMEWORKSLEGISLATIVE FRAMEWORKLOANLOCAL AUTHORITIESLOCAL TRAFFICLONG-DISTANCEMAIN ROADMAINTENANCE COSTSMANAGEMENT CONTRACTSMANAGEMENT OF INFRASTRUCTUREMARITIME TRANSPORTMIXED TRAFFICMOTORCYCLESNEGOTIATIONSNET PRESENT VALUEPAYMENT MECHANISMSPCUPEDESTRIANSPOLLUTIONPRESENT VALUEPRIVATE FINANCINGPRIVATE INVESTMENTPRIVATE PARTYPRIVATE SECTOR DEBTPRIVATE SECTOR INVOLVEMENTPRIVATE SECTOR PARTICIPATIONPRIVATIZATIONPROCUREMENTPUBLIC FINANCEPUBLIC FINANCINGPUBLIC INVESTMENTPUBLIC PRIVATE INFRASTRUCTUREPUBLIC PRIVATE PARTNERSHIPSPUBLIC SECTORPUBLIC ­ PRIVATE PARTNERSHIPSRAIL LINKRAPID RAILRATE OF RETURNREGIONAL TRANSPORTATIONRESETTLEMENTRIGHT OF WAYRIGHT-OF-WAYRISK ALLOCATIONRISK SHARINGRISK TRANSFERRMIROADROAD CONSTRUCTIONROAD FINANCINGROAD INFRASTRUCTUREROAD INVESTMENTROAD MAINTENANCEROAD MANAGEMENTROAD NETWORKROAD PROJECTSROAD SAFETYROAD SECTORROAD TUNNELROAD TYPEROAD TYPESROAD USERROAD USERSROADSROUTEROUTESSAFETYSERVICE CONTRACTSSHADOW TOLLSSOCIAL IMPACT ASSESSMENTSOVEREIGN GUARANTEESSUBURBSTAXTAXI DRIVERSTAXISTENDER DOCUMENTSTOLLTOLL COLLECTIONTOLL HIGHWAYTOLL PLAZATOLL PLAZASTOLL RATESTOLL REVENUESTOLL ROADTOLL ROAD CONCESSIONSTOLL ROAD OPERATING COMPANYTOLL ROAD PROJECTSTOLL ROADSTOLLSTRAFFICTRAFFIC COMPOSITIONTRAFFIC COUNTSTRAFFIC DELAYSTRAFFIC FORECASTSTRAFFIC MANAGEMENTTRAFFIC MANAGEMENT MEASURESTRAFFIC RISKTRAFFIC VOLUMETRAFFIC VOLUMESTRANSACTION COSTSTRANSFER CONCESSIONSTRANSPARENCYTRANSPORTTRANSPORT PLANNINGTRANSPORT POLICYTRANSPORT POLICY FRAMEWORKTRANSPORT POLICY GOALSTRANSPORT POLICY OBJECTIVESTRANSPORT PROJECTSTRANSPORT SECTORTRANSPORTATION STRATEGIESTRANSPORTSTRAVEL TIMETRAVEL TIMESTRAVELERSTRUCKSTRUNK ROADSTUNNEL CROSSINGTYPES OF ROADURBAN HIGHWAYVEHICLEVEHICLE OPERATINGVEHICLE OPERATING COSTSVEHICLESWEALTHPrivate Sector Involvement in Road Financing10.1596/21572