Abstract
The economic crisis of 2007 has limited financial resources of governments for public works and service. For this reason, asset managers of transport infrastructure need to make priorities on their investments. This requires the identification of clear trade-offs between financial and public interests. However, academics have argued that the safeguarding of public interests for infrastructure is in jeopardy, because of ambiguity in the identification of these trade-offs. This paper explores the relation between financial and public interests. Subsequently it develops a conceptual framework to better understand how these interests can be combined in terms of infrastructure investment decisions for asset managers.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 2010 CIB World Congress, May 10-13, 2010, Salford, United Kingdom |
| Editors | Peter Barrett, Dilanthi Amaratunga, Richard Haigh, Kaushal Keraminiyage, Chaminda Pathirage |
| Place of Publication | Salford, United Kingdom |
| Publisher | University of Salford |
| Pages | 806-820 |
| Number of pages | 15 |
| ISBN (Print) | 978-1-905732-91-3 |
| Publication status | Published - 10 May 2010 |
| Event | 18th CIB World Building Congress 2010 - Salford, United Kingdom Duration: 10 May 2010 → 13 May 2010 |
Conference
| Conference | 18th CIB World Building Congress 2010 |
|---|---|
| Country/Territory | United Kingdom |
| City | Salford |
| Period | 10/05/10 → 13/05/10 |
Keywords
- Infrastructure
- Investment decision support
- Public value
- Asset management
