Financing Transport Infrastructure
This paper examines various methods of financing the infrastructure needed for transportation. the paper, notes the distinction between the two meanings of the term ‘financing.’ Financing can refer to both raising capital but also to payments for services provided by existing infrastructure. The paper has four main sections, numbered two through five (section one is a minor section). Section two deals with instruments for raising capital. Section three discusses issues regarding capital, infrastructure, risk, and ownership. Section four discusses the advantages and disadvantages of various ways to raise capital for new infrastructure. Section five concerns re-financing publicly funded infrastructure.