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Cost Benefit Analysis of a Regional Arterial PPP Toll Road Project: A Case Study of the Proposed R-1 Toll Road

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  • Batsirai Brian Matanhire

    (Financial Analyst / Economist Cambridge Resource International Inc.)

Abstract

Road infrastructure is of vital importance for the economic development of a country. Roads facilitate the movement of people, goods, services and resources. Traditionally, public infrastructure such as roads has been provided using national budgetary resources. Over time the participation of the private sector has increased in the procurement and provision of road infrastructure. Public authorities have been partnering with the private sector due to the limitation of capital to undertake such projects. Public-Private Partnerships (PPPs) of various forms have been used extensively in road transportation projects as an alternative to state and local government procurement and provision of road infrastructure. The objective of this study is to undertake an integrated investment appraisal of a proposed PPP toll road project in the Southern African country of Zimbabwe using Cost-Benefit Analysis (CBA).

Suggested Citation

  • Batsirai Brian Matanhire, 2019. "Cost Benefit Analysis of a Regional Arterial PPP Toll Road Project: A Case Study of the Proposed R-1 Toll Road," Development Discussion Papers 2019-06, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:4517
    as

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    References listed on IDEAS

    as
    1. Jones, Peter & Hervik, Arild, 1992. "Restraining car traffic in European cities: An emerging role for road pricing," Transportation Research Part A: Policy and Practice, Elsevier, vol. 26(2), pages 133-145, March.
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    More about this item

    Keywords

    Infrastructure; Toll Road; Public-Private Partnership; Cost Benefit Analysis; Zimbabwe;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning

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