A Review of Build-Operate-Transfer for Infrastructure Development: Some Lessons for Policy Reform

Page 23

financing schemes, would bear only 2% of the total proposed infrastructure investment program (Figure 4).

Figure 4. CIIP Investment Requirement by Financing Source

Source: National Economic Development Authority, 2007

To augment the funds sourced from budgetary appropriation, the government would continue to tap official development assistance from multilateral, e.g., ADB and bilateral sources, e.g., JBIC, China Export-import Bank, etc., and the capital markets.

For transportation, most of the investments will be allocated to roads and bridges (43%) and urban rail (41%) while the remaining will be allocated to air transport (12%) and water transport (4%) (Figure 5).

22


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.