A tool for prioritizing multinational transport infrastructure investments

Tsamboulas, DA

dc.contributor.author	Tsamboulas, DA	en
dc.date.accessioned	2014-03-01T01:25:51Z
dc.date.available	2014-03-01T01:25:51Z
dc.date.issued	2007	en
dc.identifier.issn	0967-070X	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/17774
dc.subject	Multicriteria analysis	en
dc.subject	Multinational investments	en
dc.subject	Project evaluation	en
dc.subject	Projects prioritization	en
dc.subject	Transport infrastructure	en
dc.subject.classification	Transportation	en
dc.subject.other	infrastructure planning	en
dc.subject.other	investment	en
dc.subject.other	multicriteria analysis	en
dc.subject.other	policy strategy	en
dc.subject.other	prioritization	en
dc.subject.other	project assessment	en
dc.subject.other	transportation infrastructure	en
dc.subject.other	transportation policy	en
dc.title	A tool for prioritizing multinational transport infrastructure investments	en
heal.type	journalArticle	en
heal.identifier.primary	10.1016/j.tranpol.2006.06.001	en
heal.identifier.secondary	http://dx.doi.org/10.1016/j.tranpol.2006.06.001	en
heal.language	English	en
heal.publicationDate	2007	en
heal.abstract	Globalization and the opening of countries' borders, renders transport infrastructure projects more multinational than country specific. Hence, the need arises for a framework tool to prioritize transport infrastructure investments located in more than one country that will form a coherent multinational transport network. This paper presents such a tool, comprising of the procedure for prioritisation, as well as the necessary ex-ante evaluation framework. It is developed in order to be used at a strategic level by the policy makers and to cope with the limited availability and quality of data in the countries concerned. The tool's structure involves four components, constituting the procedural phases (identification, data collection, evaluation and prioritization), ensuring at the first procedural phase the inclusion of all projects, as these are proposed by the countries. The evaluation component of the tool is based on the well-known multi-criteria approach MAUT (Multi Attribute Utility Theory), that employs sufficient but limited criteria reflecting the the transport policy priorities of the countries concerned as well as the available financial resources. In addition, criteria related to financial and economic viability of the projects and their international dimensions are included. The tool has been applied to prioritize transport projects in a multinational transport network, comprising of 21 countries, which are members of the Trans European Motorway and Railway networks (TEM, TER) in Europe with satisfactory results. (C) 2006 Elsevier Ltd. All rights reserved.	en
heal.publisher	ELSEVIER SCI LTD	en
heal.journalName	Transport Policy	en
dc.identifier.doi	10.1016/j.tranpol.2006.06.001	en
dc.identifier.isi	ISI:000244120700002	en
dc.identifier.volume	14	en
dc.identifier.issue	1	en
dc.identifier.spage	11	en
dc.identifier.epage	26	en