| Description |
1 online resource |
| Contents |
Cover; Title; Copyright; Contents; Tables, Figures, and Boxes; Acknowledgments; Abbreviations; 1 Introduction to This Guide; 1.1 Background; 1.2 What are the objectives of this guide?; 1.3 To whom is this guide addressed?; 1.4 To what extent are toll roads used across the world?; 1.5 Why are toll roads relevant to CAREC countries?; 2 Tolls in the Broader Perspective of Roads Funding; 2.1 What are tolls?; 2.2 What are the most common types of tolls?; 2.3 What are direct and shadow tolls?; 2.4 Are there other systems to finance roads? What are their implications? |
|
2.5 What are the main pros and cons of tolls?3 Tolls in the Context of Private Sector Participation in Roads Funding and Operations; 3.1 What is the relationship between tolls and privatization?; 3.2 What objectives can be addressed by tolls and what objectives by private sector participation?; 3.3 Are projects delivered through public-private partnerships cheaper than projects delivered through conventional public procurement?; 4 Setting a Toll Roads Policy; 4.1 What are the options available?; 4.2 How is it decided what parts of the network should be tolled? |
|
4.3 Should only motorways be tolled?4.4 Should an alternative free road always be granted?; 4.5 Can traffic diversion be managed?; 4.6 Is it advisable to use toll on urban motorways and ring roads?; 4.7 How can concerns and opposition from users and stakeholders be dealt with?; 5 Setting Up an Enabling Legislative Framework; 5.1 What legislation should be in place to ensure solid foundations for toll roads?; 5.2 What enabling reforms in road sector legislation are recommended?; 5.3 How can exclusivity rights and competition issues be dealt with? |
|
5.4 What issues should be addressed to ensure toll payment?5.5 Is a public-private partnership law a prerequisite for toll roads?; 6 Putting in Place the Appropriate Governance and Skills; 6.1 What capabilities and technical skills are required to implement toll roads?; 6.2 What organizational and governance structures should be set up?; 6.3 What structures should be set if the option is a public sector operator?; 7 Assessing and Preparing Toll Roads Projects; 7.1 Is the proposed toll road the best option? Have other options been considered? |
|
7.2 Has the affordability of the project been properly assessed?7.3 Are demand forecasts robust?; 7.4 How should toll rates be set?; 7.5 What if tolls are insufficient to cover project costs?; 7.6 How can toll segmentation address other objectives?; 7.7 What should be the duration of contracts?; 7.8 What to do when the infrastructure is paid? Should toll collection be stopped?; 8 Looking for the Right Partners; 8.1 Who are the key actors in a toll road project?; 8.2 What are the typical risks associated with a toll roads project and how to allocate them?; 8.3 How is commercial risk managed? |
| Summary |
Cumulative transport investments under the Central Asia Regional Economic Cooperation (CAREC) program reached $23.4 billion in 2017 through which approximately 9,964 kilometers of expressways or national highways were built or improved. For the upkeep of road corridors, CAREC countries agreed to take measures to set up road funds and road tolling to ensure adequate maintenance funding. This guide presents fundamental concepts of road tolling; addresses concerns typically faced in the introduction of tolls; and provides useful tips for design, implementation, and operation of toll road projects. It highlights challenges decision makers may face in implementing toll road projects and extracts lessons from international experiences relevant to the circumstances of CAREC countries |
| Notes |
Online resource; title from PDF file page (EBSCO, viewed October 10, 2018) |
| Subject |
Toll roads -- Asia, Central
|
|
BUSINESS & ECONOMICS -- Industries -- Transportation.
|
|
TRANSPORTATION -- Public Transportation.
|
|
Toll roads
|
|
Central Asia
|
| Form |
Electronic book
|
| Author |
Asian Development Bank.
|
| ISBN |
9789292611255 |
|
9292611259 |
|
