Possibilities of Lithuanian transport system modernisation and development in applying public and private sector partnership (PPP) financing model
Overview
Background & policy context:
The application of the private and public sector partnership principles (PPP) in financing of transport infrastructure is supported in long-term (until 2025) Lithuanian Transport System development strategy. EU strategic transport policy documents of transport sector is considering these principles as one of the key measurement with a particular emphasis in the implementation of the Trans-European Transport Network (TEN-T) projects. It recognized that the private funds could speed up the Trans-European transport network implementation, which is now significantly overdue.
Objectives:
The main goal of the study is to prepare a range of public and private partnership principles review, to assess the implementation of this principle in the long term (until 2025) and to fulfil the Lithuanian transport system development strategy for projects emphasizing Lithuanian Trans-European network development.
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