Public Private Partnerships in Roads & Highways in Integrated AP

Provision of quality infrastructure services at reasonable cost, is a necessary condition for achieving sustained economic growth. Investments in infrastructure involves high risk, low return, huge investment, high incremental capital output ratio, long payback periods and superior technology. Today Government is moving from its traditional role of provider of services to facilitator and regulator of services. This has given way for public private partnership models. The success of the government's attempt at infrastructure development critically depends on the success of Public Private Partnerships (PPPs) projects.The study would be useful to the government, developers, financial institutions and contractors in understanding the critical success factors and critical risk factors to be taken into consideration so that the scarce resources are optimally utilised for the successful completion of the project. It will also help the implementers to understand the perception of the users towards the PPP road project and towards paying toll, so that they can evolve better mechanisms for generating future revenues.