Title
Comparison of public-private partnerships in airports and seaports in low- and middle-income countries Comparison of public-private partnerships in airports and seaports in low- and middle-income countries
Author
Faculty/Department
Faculty of Applied Economics
Publication type
article
Publication
London ,
Subject
Economics
Source (journal)
Transport reviews. - London, 1981, currens
Volume/pages
35(2015) :3 , p. 329-351
ISSN
0144-1647
ISI
000353413400005
Carrier
E
Target language
English (eng)
Full text (Publishers DOI)
Affiliation
University of Antwerp
Abstract
The paper examines similarities and differences in publicprivate partnership (PPP) structures between airports and seaports in low- and middle-income countries using data from the World Bank's Private Participation in Infrastructure (PPIAF) database, and puts forward some hypotheses about the reasons for the differences. Qualification of the results is also made with available literature on airport and seaport PPPs. It uses eight granules the eight Ws as the basis for the analysis, comparing PPPs in terms of What, When, Where, Why, Whole, Who, Whom, and Which way. Although the similarities between port and airport PPPs generally outweigh their differences, there are several areas in which they diverge. These are the characteristics of the private-sector partner, the PPP models used, the use made of competitive tendering, and the bundling of facilities. Airport investors tend to attract a wider array of investor types than seaports, where the focus is more on specialised operators in buildoperatetransfer (BOT) agreements. These differences have their roots in four main structural variations between the two industries: the level of integration of infrastructure and services, economies of scale, public service obligations, and the differing roles of competition and regulation.
E-info
https://repository.uantwerpen.be/docman/iruaauth/3ee698/13d8212d3e9.pdf
Full text (open access)
https://repository.uantwerpen.be/docman/irua/305a03/9536.pdf
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