Toll road financing in Norway : organizational framework and experienced financial difficulties.

Author(s)
Skjeseth, T.H. & Odeck, J.
Year
Abstract

This paper has two purposes. Firstly, it presents the organisational framework for the use of private finance to fund road infrastructure in Norway, where tolling of roads has been practised for more than 60 years. Secondly, in recent years the Norwegian economy has stagnated, traffic has stabilised and the real rate of interest has increased tremendously to 7-8%. Several toll schemes have experienced financial difficulties and at least one toll company is bankrupt. In order to shed some light on the reasons behind these difficulties, several schemes are evaluated on the basis of their historical data and planning procedures prior to implementation. The paper will also suggest some policy implications that may be implemented to eradicate some deficiencies.

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Publication

Library number
C 4268 (In: C 4255) /10 /21 / IRRD 863877
Source

In: Outreach : proceedings of seminar G (P369) held at the 21th PTRC European Transport and Planning Summer Annual Meeting, University of Manchester, England, September 13-17, 1993, p. 173-186

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This publication is one of our other publications, and part of our extensive collection of road safety literature, that also includes the SWOV publications.