Previous Page  243 / 298 Next Page
Information
Show Menu
Previous Page 243 / 298 Next Page
Page Background

Risk Management in Transport PPP Projects

In the Islamic Countries

224

Capacity-building measures:

since the transport ministry hires consultants to carry out

pre-feasibility studies in the upstream phase, the development of internal capacity could

favor a higher degree of control over the project overall and potentially lead to resource

savings.

Follow up measures

: systematic ex-post evaluation of PPPs in different transport sub-

sectors could be considered by UKAS to increase the effort towards the process of

collecting and analyzing evidence to learn from past experience as regards risk arising in

the implementation of transport PPPs. This practice would be more robust and effective

as compared to the one currently in place which is not systematic, but founded on informal

discussions among senior UKAS experts. In fact, ex-post evaluation studies can promote

an institutional evidence-based discussion that highlights PPP projects’ performance over

time, as well as challenges and success factors in the process of risk management.

5.7.

Asian cluster, Case study 2: Turkey

5.7.1.

Introduction

Scope of the case study

The scope of this case study is to illustrate the practices currently in place for the management

of the risks associated with PPP projects in the transport sector in Turkey, with reference to the

entire life-cycle of Public-Private Initiatives and the elements of the conceptual framework

identified at Chapter 3. The case study is based on the review of existing literature and publicly

available information as well as on interviews with Turkish stakeholders carried out during a

field mission in July 2019.

Overview of PPPs in the transport sector

A report prepared in 2018 by the Presidency of Strategy and Budget on Public-Private

Partnership, emphasizes the importance of

Public-Private Partnerships (PPP) as a model

alternative to public funding and procurement particularly relevant for the construction

of mega-scale infrastructure investments

, including airports, motorways, high speed railway

lines and logistics facilities (i.e. ports and dry ports) (PSB, 2018). Over the past decades, Turkey

has experienced significant economic growth, which has also been supported by the expansion

and modernization of transport infrastructure.

According to data published by the Turkish Statistical Institute, themotorway network extended

from 1,662 km to 2,657 km between 2004 and 2017. During the same period, the railway

network expanded from 10,968 to 12,609 km of lines, of which 1,213 km high-speed railway

lines have been in operation since 2009. Passengers at airports increased from 45 million in

2004 to 193 million in 2017. According to publicly available maritime transport statistics

(UNCTAD, 2019), container traffic at Turkish ports grew from 2,960,746 TEUs in 2004 to

9,927,385 TEUs.