Improving Transport Project Appraisals
In the Islamic Countries
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SECTION 3: CONCLUSIONS AND RECOMMENDATIONS
10 Conclusions and recommendations
This chapter presents the conclusions and recommendations, based on the findings from the
previous two sections, i.e. the methodologic framework, international good practices and the
appraisal of transport projects in OIC member countries. Section 11.1 presents conclusions and
Section 11.2 includes recommendations towards improving transport project appraisal.
10.1 Conclusions
10.1.1 A conceptual framework for project appraisal
The rationale for appraising of transport projects
Appraisal of transport projects has the longest tradition of public investment appraisal, which
has resulted in standard assessment frameworks now being broadly applied worldwide by
national and international funding agencies.
Transport project appraisal addresses a number of needs, including justification of allocation of
public funds on transport projects, in such a way that maximumsocio-economic benefit is yielded.
Besides justification of individual projects, project appraisal also facilitates the process of
prioritising transport projects , based on optimal contribution to society. The rationale for project
appraisal is that decision-making is supported by providing a systematic approach and clear
framework, based on sound socio-economic principles, which can reduce the degree of
subjective intervention.
The conceptual framework
In order to enhance a systematic approach, a conceptual framework for project appraisal in the
transport sector has been developed, based on the World Bank (WB) framework for assessing
Public Investment Management (Rajaram et al., 2010) and further tailored for the purpose of this
project. The framework is based on a number of institutional and technical aspects, influencing
project appraisal practices in the transport sector. presents the conceptual
framework, including its seven aspects, of which five aspects are related to the institutional
dimension and two to the technical dimension. This conceptual framework has been used
throughout this project, as a structuredmeans to collect information per country and case study,
as well las the survey. Also, the framework will be used to draw conclusions, as defined below,
and define recommendations in Section 11.2.