CAPITAL APPRAISAL HANDBOOK FOR PROVINCIAL ROADS: LIMPOPO PROVINCE

Andrey Klevchuk and Glenn Jenkins ()
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Andrey Klevchuk: Cambridge Resources International Inc.

No 2004-05, Development Discussion Papers from JDI Executive Programs

Abstract: It has been a challenge for the Limpopo Provincial Government to tackle the eradication of poverty and the acceleration of the pace of economic growth in the province. It is of importance for the Government to provide the basic infrastructure facilities such as roads, water, electricity, and telecommunication for not only the development of the region, but also the creation of a strong private sector. This handbook focuses on the process of capital appraisal by the Roads Agency Limpopo (RAL) so as to contribute to the Government in its continuous effort to improve the quality of public infrastructure delivery by its departments. The appraisal methodology employed in the handbook is based on an integrated financial, economic, stakeholder and risk analysis of new investment projects, as well as maintenance, and expansion decisions. The handbook presents that the Government officials can use the proposed methodology together with the Deighton Total Infrastructure Management System (dTIMS CTTM) software program for the allocation of the funds to the Limpopo roads, new and old, in an economically and socially efficient manner.

Keywords: road construction and maintenance; cost-benefit analysis; South Africa (search for similar items in EconPapers)
JEL-codes: D61 H43 H54 H76 R42 (search for similar items in EconPapers)
Pages: 149 pages
New Economics Papers: this item is included in nep-afr, nep-ppm and nep-tre
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