The review of international PPPs covered a variety of regions and countries where transportation PPPs are most prevalent or emerging. A representative list of international PPP projects involving transportation infrastructure development was selected for preparation of program overviews and project summaries that describe the projects , their PPP arrangements, major issues and strategies to address them, and results. These program overviews and project summaries are organized by region and country. To cover a variety of regions and countries around the world engaged in PPP transportation projects, a somewhat larger number of project summaries are provided to demonstrate the differences and similarities in the use of PPPs for transportation infrastructure development between regions and countries.
PPP program overviews were prepared for the England and Australia. In addition, case studies and cameos were developed for PPP transportation projects in England, Australia, New Zealand, the European Union, Asia, and South America, as listed below:
• England
- Queen Elizabeth 2 Dartford Bridge
- Second Severn Crossing Bridge
• Australia
• China
- Country Park Motorway - Hong Kong
• Denmark and Sweden
- Øresund Bridge - Copenhagen to Malmö
• India
- Second Vivekananda Bridge - Kolkata
• Israel
- Yitzhak Rabin Trans-Israel Highway - Tel Aviv
• Argentina
- Rosita-Victoria Bridge - Rosita, Victoria
Information on project type, PPP composition, project delivery method, concession period, financing structures, and key issues and strategies, and results are presented for each of these projects.
A number of transportation PPP projects described in the report from England, Australia, and New Zealand are likely to be most relevant to prospective sponsors of PPP projects in the U.S. PPPs in England have been predominantly design-build-finance-operate (DBFO) contracts financed by government-supported shadow tolls for highway projects and tolls for bridge/tunnel projects. Some of the more recent highway projects in England are using direct tolling for funding. PPPs in Australia and New Zealand have been primarily used for private toll road projects, most of which appear to have been financially successful. The successful application of PPP methodologies to the development of toll roads in these two countries is reflected in the number of toll road PPP project cameos at the end of the chapter on transportation PPP projects in Australia, New Zealand, and several other countries.
An additional chapter following England and Australian/New Zealand/Other Countries PPP program and project case study chapters provides a global profile of transportation infrastructure PPP project activity by region and country.