CHINA'S URBAN TRANSPORT DEVELOPMENT STRATEGY: PROCEEDINGS OF A SYMPOSIUM IN BEIJING, NOVEMBER 8-10, 1995. THEME PAPER 9: PRIVATE FUNDING OF TRANSPORT: INFRASTRUCTURE

The purpose of this paper is to provide a general overview on the use of private funds in urban transport infrastructure in China. It looks at the various facets of private sector participation in transport projects, the impact on government policies and practices and the problems confronting the investors. This paper explains the process involved and considerations required from the inception of the project to the invitation of proposals from private investors and finally the tender negotiations. (A) For the covering abstract see IRRD 890936.