Topic: 14.5 Tunnels and bridges

A complete indexing and article service is available free from 1967 to 2000

Commercial Funding of transport Infrastructure. Lessons from Some Australian Cases

The study analyses the institutional arrangements for: (1) private participation in the new Sydney Harbour Tunnel, and (2) the provision of new terminals at minor airports operated by a public-sector corporation. Commercial objectives probably secure efficient management of construction, but otherwise reap few efficiency benefits. When there are tight constraints on government budgets, commercial funding mechanisms make it easier for governments to promote their favoured schemes.

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