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Private sector participation in the delivery of highway infrastructure in Central America and Mexico

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  • Felipe Vazquez
  • Stephen Allen

Abstract

A case study of private sector involvement in the provision of a roadway infrastructure network reviewed negative experiences in Mexico between 1989 and 1995. The aim of this case study was to identify improvements that must be considered for successful private sector participation on future transport infrastructure projects. The recommendations presented were developed as a result of a review of research and practice in Mexico, and in both developed and developing countries around the world where the private sector has been involved in the delivery of highway infrastructure. Key findings relate to the need for integrated infrastructure planning; the bundling of concession projects and possible use of shadow tolls to make them attractive to the private sector; and, the implementation of more robust financial models in developing countries. These findings have a broader applicability than highways in Central America and may relate to a variety of projects in other developing countries.

Suggested Citation

  • Felipe Vazquez & Stephen Allen, 2004. "Private sector participation in the delivery of highway infrastructure in Central America and Mexico," Construction Management and Economics, Taylor & Francis Journals, vol. 22(7), pages 745-754.
    • Handle: RePEc:taf:conmgt:v:22:y:2004:i:7:p:745-754
    DOI: 10.1080/0144619042000226298
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    References listed on IDEAS

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    1. Cook, Paul & Uchida, Yuichiro, 2001. "Privatisation and Economic Growth in Developing Countries," Centre on Regulation and Competition (CRC) Working papers 30634, University of Manchester, Institute for Development Policy and Management (IDPM).
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    Cited by:

    1. Abraham Park & Chen Yu Chang, 2013. "Impacts of Construction Events on the Project Equity Value of the Channel Tunnel Project," ERES eres2013_97, European Real Estate Society (ERES).

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