ESCAP supports governments in Asia-Pacific in implementing measures to efficiently involve the private sector in infrastructure development. Developing case studies is part of this effort and promotes exchange of experience among the countries of the region.
Case 1: Traffic Demand Risk / The case of Bangkok’s Skytrain (BTS)
The following case study examines the issue of traffic demand risk and sheds light on how the problem of inaccurate ridership forecasts can impact a PPP project by using the example of the Bangkok SkyTrain.
Connectivity is a cornerstone of regional economic cooperation and integration – and has become a major priority for the countries of Asia and the Pacific, especially in the context of efforts to find new drivers of regional economic growth, and to create additional domestic and aggregate regional demand.
Many governments have established specialized Units or Programmes to develop and supervise PPP projects, which have generally been successful in playing a ‘catalytic’ role in promoting and developing PPP solutions. They have been particularly relevant in building internal capacity as they allow the concentration and availability of required expertise through the accumulation of experience and the possibility of adequate training. The list of PPP Units and Task Forces active in the Asia-Pacific region is presented in the document.
The aim of this PPP-Readiness Self-Assessment is to provide a diagnostic tool for identifying the key areas that governments need to address in order to involve the private sector more actively in the infrastructure development process.
The key function of the Assessment is that it is to be used to diagnose problems in attracting private investment for infrastructure development as distinct from using it to develop benchmarks against which different sectors or countries could be compared.
While transport has been an essential element in the rapid growth and economic development of Asia and the Pacific, the sector is now at a crossroads more than ever before. Rocketing demand for transport services is putting extreme pressure on existing infrastructure at a time when public budgets are constrained and awareness about the negative externalities of transport activities is growing. The challenge is therefore to ensure that today’s transport policies and investments will contribute to a sustainable and inclusive development path for the future.
The Review of Developments in Transport in Asia and the Pacific is a biennial publication of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). This year the Review focuses on trend and development relating to the following areas: railways; roads and highways; maritime ports and developments in shipping; dry ports, intermodal terminals and logistics development; facilitating transport across borders; and safe and sustainable transport.
The Review of Developments in Transport in Asia and the Pacific is a biennial publication of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). This Special Issue of the Review reports on the outcomes of the ESCAP Ministerial Conference on Transport which was held in Busan, Republic of Korea, from 6-11 November 2006.
The Review of Developments in Transport in Asia and the Pacific is a biennial publication of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). This year the Review is published in two complementary books: (a) Special issue on emerging issues and the Busan Ministerial Conference; and (b) Data and trends. This is the book on data and trends and provides updates for the transport-related data that has been published in the Review since 1993.
Funds available from government budgetary allocations are often significantly less than the amount required to maintain the road network of a country. Faced with this problem, governments have taken various alternative measures to secure funding. One of these alternative measures is the establishment of a dedicated road fund. Governments in many countries have set up such funds as a sustainable mechanism for financing the needs of their road sectors.