How to Advance the Financing of Transport Infrastructure in the Region

Expert article
Autor: Vuk Ognjanović
JEL: F21, H54
doi: 10.5937/bankarstvo1803094O

Summary: Two reasons are usually given to explain delays and poor efficiency when constructing regional transport infrastructure. These are the lack of funds and the inadequate level of organisation among the participants in the construction and financing processes. All of this raises the cost of investments. Moreover, the fees for untimely withdrawals of approved loan funds are costly, as are the increased costs of road construction, due to the individual efforts of every country to solve the issues of providing funds for financing the construction of transport infrastructure on its territory.

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