The International Transport Forum at the OECD is an intergovernmental organisation with 57 member countries. It acts as a think tank for transport policy and organises the Annual Summit of transport ministers. ITF is the only global body that covers all transport modes.
It addresses the growing worldwide interest in the use of light rail metro transit (LRMT) schemes to provide urban transport solutions and reviews the potential use of public-private partnership (PPP).
This handbook synthesises and disseminates knowledge to inform the planning, implementation, and operations of urban rail projects.
The term of a public-private partnership (PPP) contract can exceed 20 or even 30 years. At the end of the term, the relevant private partner is often obligated to hand back the public asset in question (whether it be a road, an airport or a hospital) in a condition that meets the government procuring authority’s expectations.