FINANCING OF RAILWAY INFRASTRUCTURE IN SLOVENIA
FINANCING OF RAILWAY INFRASTRUCTURE IN SLOVENIA
Author(s): Dejan Romih, Žan-Jan Oplotnik, Silvo DajcmanSubject(s): Economy
Published by: Reprograph
Keywords: public-private partnerships; project finance; infrastructure; railway; Slovenia
Summary/Abstract: In the paper we present a BOT (Build, Operate, Transfer) model of financing railway infrastructure development in the Republic of Slovenia. It is characteristic of this form of project financing that the host country or a local community grants a private project company or consortium a concession to build and manage the public infrastructure. By signing the concession contract, the concessionaire binds himself/herself to transfer all the property rights from the project back to the grantor at the end of the concession period without additional transaction costs at the end of the concession period.
Journal: Journal of Applied Economic Sciences (JAES)
- Issue Year: III/2008
- Issue No: 04
- Page Range: 39-44
- Page Count: 6
- Language: English