2. PUBLIC-PRIVATE PARTNERSHIPS IN SURFACE TRANSPORTATION

This chapter provides an overview of public-private partnership (PPP) approaches to delivering surface transportation infrastructure projects and services worldwide. The chapter presents background information on the evolution of PPPs, defines transportation PPPs and the various types of approaches to involving the private sector in public-sponsored transportation projects, discusses the major benefits and risks associated with PPPs, and identifies the critical factors for successful development and implementation of a PPP project.

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