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Czerny (2006) describes motorway provision in Austria. Much of the following is based on that work. Austria provides an example where the entire motorway network has been devolved to a state‐owned enterprise. At the same time, the government retains control over tolling rates. Furthermore, public guarantees for loans reduce the costs of borrowing, although the company's debt is not consolidated with that of the state. Finally, this is also an example where a state‐run company is planning to outsource important new projects by way of PPP arrangements.
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Document Type: Review Article

Publication date: 2008-02-01

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