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Public-private partnerships in urban bus systems - an analytical framework for project identification and preparation (Paperback)
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Public-private partnerships in urban bus systems - an analytical framework for project identification and preparation (Paperback)
Series: International development in focus
Expected to ship within 12 - 17 working days
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Many cities have sought to replicate the urban bus public-private
partnership (PPP) structures that succeeded at the beginning of the
millennium, such as those implemented in Brazil, Colombia, and
Mexico. These cities improved their public transportation systems
in the face of rapid urbanization, rising air pollution, and
increasing road safety incidents through these PPP interventions.
Examining these past international experiences, and others,
Public-Private Partnerships in Urban Bus Systems: An Analytical
Framework for Project Identification and Preparation first
challenges the assumption that PPP structures are always the
optimal approach for improving urban bus systems. The authors use
relevant case studies to demonstrate that structuring such PPPs in
cities in the developing world requires tailor-made interventions
that respond to local contexts. The authors identify essential
elements for PPP feasibility and invite readers to consider
alternative solutions for achieving the desired objectives. This
book presents an analytical framework that public transportation
practitioners can use to support the process of identifying and
preparing appropriate technical, financial, and legal structures to
improve urban mobility if a PPP is the preferred solution. It
follows a detailed, risk-based approach to thoroughly analyze the
challenges that might be experienced by cities that pursue private
participation in proposed urban bus interventions. Using specific
examples, the authors thoroughly analyze the risks and the specific
potential planning-stage challenges likely to be encountered and
suggest strategies for practitioners to respond to the specific
local contexts and the various alternative solutions. This study
builds upon international experiences, predominantly in Latin
America and in PPPs focused on streamlining fleet provision and
operation. Finally, the book helps to identify and define bankable
project structures that could respond well to local contexts and
minimize risks
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