Infrastructure Planning for Private Sector Investment
by Peter Engelmann, PREINVEST Inc, Bethesda, United States,Document Type: Proceeding Paper
Part of: Infrastructure: Planning and Management
Abstract:
To minimize the use of public resources for infrastructure development, major works are being initiated in Latin America with studies designed to attract capital investment from the private sector: two of these are a container terminal in Mexico and a major bridge between Argentina and Uruguay. While preinvestment work required for these projects is probably more complex and costly than the conventional project planning on traditional public works, the additional up-front effort holds promise of providing a setting in which effective private-public joint ventures can take place. From the two examples outlined in this paper, some conclusions are drawn as to the appropriate scope and budget for such preinvestment work and on the future role of planners of infrastructure systems.
Subject Headings: Infrastructure | Private sector | Investments | Developing countries | Project management | Joint ventures | Infrastructure construction | South America | Central America | Mexico | Argentina | Uruguay
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