Trade-offs in infrastructure investment decisions: between financial and public interests

D.F.J. Schraven, A. Hartmann

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    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 languageEnglish
    Title of host publicationProceedings of the 2010 CIB World Congress, May 10-13, 2010, Salford, United Kingdom
    EditorsPeter Barrett, Dilanthi Amaratunga, Richard Haigh, Kaushal Keraminiyage, Chaminda Pathirage
    Place of PublicationSalford, United Kingdom
    PublisherUniversity of Salford
    Pages806-820
    Number of pages15
    ISBN (Print)978-1-905732-91-3
    Publication statusPublished - 10 May 2010
    Event18th CIB World Building Congress 2010 - Salford, United Kingdom
    Duration: 10 May 201013 May 2010

    Conference

    Conference18th CIB World Building Congress 2010
    CountryUnited Kingdom
    CitySalford
    Period10/05/1013/05/10

    Keywords

    • Infrastructure
    • Investment decision support
    • Public value
    • Asset management

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