Transport is a key element of economic and social development. The modernization of the transportation systems in every country is essential, since it can mean the difference between uninterrupted progress and persistent under-development.
Governments are progressively collaborating with the private sector in the creation of new transportation structures and the investment into already existing facilities. In developing countries, partnerships with the private sector are an ever more attractive option to share both the costs and risks of PPP projects.
According to InfraPPP World Database, since 2013, over 2,000 transport PPPs have been developed all around the globe, which amount to an investment value of more than USD 1,500 billion.