Airport infrastructure : the emerging role of the private sector : recent experiences based on 10 case studies
Juan, Ellis J.
During the coming years, air transport infrastructure needs to be expanded and modernized to accommodate the growing demand for international travel and transport of goods and merchandise. Developing countries need to invest large amounts of resources in airport related infrastructure in order to connect into the global air transport industry. Increased demands placed on developing countries public finances are inducing policy-makers to find alternatives to replace the government's role in the financing and management of airport infrastructure. This study is intended for developing country policy makers. Designed to function as a helpful reference work, it provides practical information, context and strategies to foster private sector participation in the airport sector. The study, built on 10 case studies encompassing diverse continents and national income levels, addresses a large number of issues including privatization mechanisms, regulatory and legal structures, project finance schemes and cross subsidization concerns among different countries. It presents the trends and lessons, derived from existing and on-going privatization cases, relevant to the policy-maker.
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