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Economic impact and project financing equilibrium to assess large transport infrastructure projects

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  • Dimitriou , Dimitrios J.

Abstract

Supply chain and logistics transport infrastructures are key components of the national asset portfolio. In most of the cases the decision to invest in a transport infrastructure is not simple, mainly, because the complications in planning process, the amount of capital need to invest before the business establishment and the high number of stakeholders involved in decision process. The decision process is more complicate in large transport infrastructure projects, where the project survivability is strongly related to financial viability as well as economic development prospects and in medium-long time horizon. This paper deals with the methodology approach to support strategic decisions about develop a new large transport infrastructure project. According a systematic approach, the analysis framework where the decision key issues are evaluated and the key messages to decision makers are presented. Conventional wisdom is to present a systematic approach appropriate to apply is relevant projects, providing the essential tool to support decisions at level of strategic planning. This paper attempts to fill gaps faced by stakeholders and decisions makers in the evaluation and decision making process of developing large transport infrastructure projects. According to a consequences analysis and systemic approach the relationship of supply chain and logistic center infrastructure development, financial viability and economic system development and stakeholder’s expectation is analyzed. The application provides the methodology outputs presenting the proposed framework for a strategic new freight infrastructure including new rail line and freight center in sea port in North Greece.

Suggested Citation

  • Dimitriou , Dimitrios J., 2018. "Economic impact and project financing equilibrium to assess large transport infrastructure projects," Working Papers 18_2, SIET Società Italiana di Economia dei Trasporti e della Logistica.
    • Handle: RePEc:sit:wpaper:18_2
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    References listed on IDEAS

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