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Why It Is So Hard? A History of Highway Concession Contracts in Poland

Author

Listed:
  • Waldemar Karpa

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Barbara Despiney

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

In this paper we analyze the early stages of the highway construction program in Poland. We argue that the whole investment process could be accelerated if much attention was paid to establishing a better legal framework. Investigating the bids for the A2 highway and the implementation of the concession agreement, we highlight the excessive red tape and poor monitoring system which led to a serious slowdown in the construction process. We also stress the necessity of choosing the best adapted financing method for infrastructure investments, as the use of the Public-Private Partnership (PPP) scheme has partially failed because of its financial weakness.

Suggested Citation

  • Waldemar Karpa & Barbara Despiney, 2008. "Why It Is So Hard? A History of Highway Concession Contracts in Poland," Post-Print halshs-00266971, HAL.
    • Handle: RePEc:hal:journl:halshs-00266971
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00266971
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