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MODEL HIGHWAY INITIATIVE Workshop

MODEL HIGHWAY INITIATIVE Workshop. International Experience of Financing the Development of Roads: Financial Mechanisms. HIERARCHY OF NEEDS: for successful Investment in Infrastructure. People with Expertise to Execute (i.e. similar deal experience, sector knowledge). Private Sector Buy-in

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MODEL HIGHWAY INITIATIVE Workshop

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  1. MODEL HIGHWAY INITIATIVE Workshop International Experience of Financing the Development of Roads: Financial Mechanisms

  2. HIERARCHY OF NEEDS: for successful Investment in Infrastructure People with Expertise to Execute (i.e. similar deal experience, sector knowledge) Private Sector Buy-in (i.e. market /project size & identifiable pipeline and bankability / government’s long term commitment) Political Will (i.e. political will & buy in / financial discipline / clarity within domestic laws & procurement process / coordination between government departments & agencies / good public consultation / reliance and use of experienced international advisors)

  3. LESSONS LEARNED: The CEE Experience • HU: M1/15 Too much risk transfer. Then became CEE leader for PPP. Now, post elections? • CZ: D47 Lack of transparency. Still few examples. • HR: No international advisors. • RO: Government too impatient. Did not listen to advise. Had to restart PPP program. • PL: Problems with Tolling + Road Fund + Government. Now most being done on Government Budget again. • SK: Ambitious PPP programme. Push by President. Post Financial Crisis and national election all projects being reviewed. Take-Aways: • Need clear idea of what want to achieve – program, project pipeline • Transparent process & procurement • Utilizing international best practices and qualified advisors

  4. MODEL HIGHWAY INITIATIVE Workshop Thank you!

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