Abstracts – Browse Results

Search or browse again.

Click on the titles below to expand the information about each abstract.
Viewing 1 results ...

Alencar, C T (2000) Highway concessions in Brazil: an analysis towards the feasibility of the securitization. Journal of Financial Management of Property and Construction, 5(03), 159–69.

  • Type: Journal Article
  • Keywords: concessions; securitization; highways; economic analysis; privatisation
  • ISBN/ISSN: 1366-4387
  • URL: http://www.emeraldinsight.com/journals.htm?issn=1366-4387
  • Abstract:
    In this paper, comes out an analyses of the feasiblity of securitization of highway concessions in Brazil. Principally, we seek to identify the highway construction budget and the traffic volume necessary to render securitization feasible as a possibility for funding a prototype concession. Our analysis relies on information provided by the main federal highway concessions under way in Brazil. The conclusion is that, under the present situation of Brazilian economy, it is possible to securitise the prototype concession, yet its implemetation relies on the fall of prevailing interest rates in Brazil.