Own identification of contributing factors for the success of toll roads in Australia under Public Private Partnerships

Diffin, Luke (2015) Own identification of contributing factors for the success of toll roads in Australia under Public Private Partnerships. [USQ Project]

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Abstract

In Australia, Public Private Partnerships (PPPs) have been established as a common method for governments to deliver major road infrastructure projects. Success of PPPs has varied when measured against Government, Community, Market and Industry interests. Some projects have failed financially while still having a positive impact on the community. Other projects have failed to reach delivery stage as a result of community objections. The holistic success of PPP toll roads is ultimately determined by the needs of major project participants being satisfied in an unbiased equilibrium manner.

PPP toll roads delivered in Sydney, Brisbane and Melbourne have had varying degrees of financial success, however there are other vitally important factors to be considered. Tollways directly contribute to travel time savings, vehicle operating cost savings, reduced accidents and vehicle emissions and can make a contribution to the overall economic performance of a city. Therefore these pieces of infrastructure contribute to society as a whole and not just the investors who provide capital for the projects.

Even with recent financial failings of PPP toll roads, Governments within Australia are still actively pursuing the PPP model to deliver road infrastructure. Lessons must be learnt from past failures to ensure the successful delivery and operation of future projects. Overall success will be a result of finding a balance between the needs of Government, Private Sector and Society.


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Item Type: USQ Project
Item Status: Live Archive
Additional Information: Bachelor of Engineering (Civil) project
Faculty / Department / School: Current - Faculty of Health, Engineering and Sciences - School of Civil Engineering and Surveying
Supervisors: Goh, Steven
Date Deposited: 01 Jun 2016 02:37
Last Modified: 06 Jun 2016 00:58
Uncontrolled Keywords: Public Private Partnerships (PPP), Toll Roads, Critical Success Factors
Fields of Research : 09 Engineering > 0905 Civil Engineering > 090599 Civil Engineering not elsewhere classified
URI: http://eprints.usq.edu.au/id/eprint/29200

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