Designing Toll Road Concessions : Lessons from Argentina

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Tác giả: Antonio Estache

Ngôn ngữ: eng

Ký hiệu phân loại: 016.98 Bibliographies and catalogs of works on specific subjects or in specific disciplines

Thông tin xuất bản: World Bank, Washington, DC, 2012

Mô tả vật lý:

Bộ sưu tập: Tài liệu truy cập mở

ID: 328250

Argentina began to concession its intercity highways and the access roads to Buenos Aires in the early 1990s. It first offered the intercity highways for competitive bids, setting the terms, the tolls, and the service levels and basing bid selection primarily on the rental offered for the infrastructure. When it concessioned the access roads in a second round, it set the terms and the investments and selected the bid offering the lowest tolls. The results so far have been mixed. Investment has lagged, but maintenance of the intercity highways has improved. The authors review the lessons from this experience and identify some of the challenges for future concessions: following clear and simple rules in the bidding process, establishing clear rules for renegotiation, and strengthening regulatory capacity.
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