Attracting Private Sector Participation in Transport Investment

Transport investments are often regarded by governments as essential to economic growth. Within this framework, private sector participation is integral to achieve government objectives. However, we observe that private investors exhibit a cautious attitude towards this class of investments. This work examines the financial and regulatory drawbacks that hinder private transport investments. We argue that availability and the structure of transport financial mechanisms should take account of, and be adaptable to, the needs of private investors. Regulatory conditions are therefore advocated as key levers for governments in enabling investment and attracting private sector participation.