THE CONCEPTS OF PUBLIC - PRIVATE FINANCING OF INFRASTRUCTURE PROJECT (THE EXAMPLE OF CORIDOR VC - FIVE C)

Vc (Five C) corridor is a highway which connects Central Europe with Adriatic sea and Mediterranean countries. This highway covers all B&H territory. That's why this highway is the most important strategic infrastructure project for B&H economic development. The final project creation i...

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Published inEkonomska istraživanja Vol. 24; no. 1; p. 355
Main Authors Ljubic, Frano, Maric, Zeljko, Papac, Nikola
Format Journal Article
LanguageEnglish
Published Pula Taylor & Francis Ltd 01.03.2011
Subjects
Bonding
Coal mining
Commercial banks
Economic development
Economic theory
Energy industry
Feasibility studies
Financing
Foreign investment
Highway construction
Infrastructure
Inheritance
Mines
Private sector
Privatization
Project finance
Public private partnerships
Public sector
Realization
Roads & highways
Studies
Tourism
Transportation planning
Bosnia-Hercegovina
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Summary:Vc (Five C) corridor is a highway which connects Central Europe with Adriatic sea and Mediterranean countries. This highway covers all B&H territory. That's why this highway is the most important strategic infrastructure project for B&H economic development. The final project creation is still in realizations process. The subject of this paper is analyses of public-private financing possibilities in construction of Vc corridor, its advantages and disadvantages. The goal of this paper is to forecast the optimal model which will fulfill all requirements of all subjects (stakeholders) which are included in this process (i.e. government, private investors, construction firms and social community in whole). Realization of this project by using public-private partnership (concession) would mean opening of the market and realization of the profit in certain for the private sector. The public sector, that is the society, would quickly and efficiently come into inheritance of modern road structure which guaranties better bonding and development.
ISSN:1331-677X
1848-9664