Attractiveness of transportation infrastructure projects to private-sector financing - Assessing the hierarchical analysis, risk scenario method

Tsamboulas, D; Panou, K; Abacoumkin, C

dc.contributor.author	Tsamboulas, D	en
dc.contributor.author	Panou, K	en
dc.contributor.author	Abacoumkin, C	en
dc.date.accessioned	2014-03-01T01:15:29Z
dc.date.available	2014-03-01T01:15:29Z
dc.date.issued	2000	en
dc.identifier.issn	0361-1981	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/13535
dc.subject	Private Sector	en
dc.subject	Transport Infrastructure	en
dc.subject.classification	Engineering, Civil	en
dc.subject.classification	Transportation	en
dc.subject.classification	Transportation Science & Technology	en
dc.title	Attractiveness of transportation infrastructure projects to private-sector financing - Assessing the hierarchical analysis, risk scenario method	en
heal.type	journalArticle	en
heal.identifier.primary	10.3141/1732-02	en
heal.identifier.secondary	http://dx.doi.org/10.3141/1732-02	en
heal.language	English	en
heal.publicationDate	2000	en
heal.abstract	A method to identify the attractiveness for private financing of a transport infrastructure project is presented. The objective of the method is to assist the public sector in identifying the attractiveness of a transportation infrastructure project for private financing, highlighting the factors that tend to reduce such attractiveness and providing the means to examine the liability of alternative risk-allocation scenarios related to risks undertaken by the state or private sector. The method allows for the simulation of the private sector's attitude toward risk, employing practices of risk assessment in investments. Its innovation lies in how the whole process is structured so that participants understand beforehand whether an agreement can be concluded and which factors involved are critical. A key property of the method is the ease by which priorities of different risk components are synthesized into a hierarchical form through pairwise comparisons, This method, although targeted primarily for the public sector, could assist both private and public stakeholders investing in transport infrastructure projects (termed private-public partnerships) to reach an agreement. Basically, it is an interactive process characterized by the conflicting objectives and judgments of both public and private sectors.	en
heal.publisher	TRANSPORTATION RESEARCH BOARD NATL RESEARCH COUNCIL	en
heal.journalName	TRANSPORTATION FINANCE, PRICING, AND ECONOMICS	en
heal.bookName	TRANSPORTATION RESEARCH RECORD	en
dc.identifier.doi	10.3141/1732-02	en
dc.identifier.isi	ISI:000176463500002	en
dc.identifier.issue	1732	en
dc.identifier.spage	12	en
dc.identifier.epage	21	en