Nov 13, 2023
Identifying, Mitigating and mamaging traffic risk - Toll-Road PPPs.
risk of actual traffic being lower (or higher) than forecast, and the inaccuracy of traffic forecasts, is referred to as traffic risk. Traffic risk has manifested in many projects, leading to numerous financially distressed toll-road assets, which in turn have led to high-profile bankruptcies, renegotiations and government bailouts.
Toll-Road PPPs and Managing Traffic Risk - World Bank