| Author | Truong Thi My Thanh |
| Call Number | AIT Thesis no.CM-10-08 |
| Subject(s) | Toll roads--China
|
| Note | 97 leaves : ill. |
| Publisher | Asian Institute of Technology |
| Series Statement | Thesis ; no. CM-10-08 |
| Abstract | Toll road is one of infrastructure project that has high ability to attract private investment sinceit is able to recover directly the costs of its operation and construction through toll charges.Toll road development can be attractive toinvestors and lenders only if the financial andeconomic benefit can be met. Financial sustainability is the essential part of these entirecriteriaand needsproper considerations from involved stakeholders to ensure that long-termsurvival and sustainability are achieved.The success factors for financial sustainability of tollroads have been identified and evaluated from seven projects in China. The fund raising modelfor toll road development in China has beeninvestigatedand it is found that government’ roleand ambitious were different in each model henceeach modelhad different ability to attractprivate investment.After that, in-depth analysis is on (1) financial sources (2) financial usagesand investment cost variation (3) revenue base (4) operating performance (5) financial benefitand (6) financial sustainable situation.Finally, a model of success factors for financialsustainability of toll roads in China has been developed, addressing key issues in five levels:(1) policy support (2) regional development (3)fund raisingmodel (4) project developmentand(5) financial structure.The applicability of modelshould enablepolicy makers, toll roaddevelopers and international lending organisation toforecastthe sustainability of financialconditionof toll road in planning stage andto control and enhance the financial sustainabilityin executing stage. |
| Year | 2010 |
| Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. CM-10-08 |
| Type | Thesis |
| School | School of Engineering and Technology (SET) |
| Department | Department of Civil and Infrastucture Engineering (DCIE) |
| Academic Program/FoS | Construction Engineering and Infrastructure Management (CM) |
| Chairperson(s) | Chotchai Charoenngam; |
| Examination Committee(s) | Hadikusumo, B.H.W.;Kunnawee Kanitpong; |
| Scholarship Donor(s) | King Scholarship (Royal Thai Government); |
| Degree | Thesis (M.Eng.) - Asian Institute of Technology, 2010 |