Commercial Management and Financing of Roads

Commercial Management and Financing of Roads

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Printed on Demand. Limited stock is held for this title. If you would like to order 30 copies or more please contact Contact, if currently unavailable. In developing and transition economies, 60 to 80 percent of all passenger and freight transport moves by road-the main form of access for most rural communities. Yet most of the 11 million kilometers of roads in these economies are badly maintained and poorly managed. This paper discusses one of the most effective ways to promote sound policies for managing and financing road networks--commercialization. It discusses the emerging central concept of bringing roads into the marketplace, putting them on a fee-for-service basis, and managing them like a business.Reconstruction a€” costing $40 to $45 billion worldwide a€” could have been avoided by spending only $ 1 2 billion on preventive maintenance. ... the eventual costs of restoration would increase two to three times, and the vehicle operating costs (VOCs) by even more. ... Road agencies also needed better management information systems to better plan their investment and maintenance programs. Finallyanbsp;...

Title:Commercial Management and Financing of Roads
Author:Ian Graeme Heggie, Piers Vickers
Publisher:World Bank Publications - 1998-01-01


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