A methodological framework for evaluating concession of highways in a private-public partnership context
This paper presents a methodology based on Multi-Criteria Analysis for selecting highways for Public Private Partnership (PPP) program in developing countries. In order to create a win-win scheme this methodology tried to balance public and private sector interests. On the public sector side, it ensures that PPP will contribute for society…s well-being calls for a structure that maintains the improvement of highway conditions and contribute for national development. On the other hand private sector receives a guarantee to obtain fair revenue considering its investments. In this sense, not only operational criteria (travel volume, pavement condition) are evaluated but also social, political and economic criteria. This methodology was applied in the Minas Gerais state, Brazil. Results show that highways selected for PPP program combine both attractiveness to private sector and contribution for nation…s development.