Abstract

In most of the cases the decision to invest in a new large transport infrastructure project t is not simple, mainly, because the complications in planning process, the amount of capital need to invest before the business establishment and the high number of stakeholders involved in decision process. The decision process is more complicated in restricted economic conditions and financing assumptions, where the project business plan performance is strongly related to regional development prospects and business sectors enlargement. This paper provides an attribute methodology approach to support decisions in large transport infrastructure projects based on the effects diversification to ecosystem affected by the new projects. The proposed methodology provides an evaluation framework based on a combination of an ex-ante assessment analysis taking into consideration the large transport infrastructure projects economic impact and its contribution to enlargement of the sectors of the ecosystem.

Highlights

  • Decision makers have recognized the regional development prospects and business sectors contribution of large transport infrastructure investment enlargement

  • The proposed methodology provides an evaluation framework based on a combination of an ex ante assessment analysis taking into consideration the large transport infrastructure’s economic impact and the effects diversification to regional ecosystem

  • The key challenge is that the complexities of current approach is essential to provide key messages to national governments, decision makers and stakeholders regarding the contribution of new large transport infrastructure investment towards regional development

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Summary

Real estate activities

Professional, scientific and technical activities, A8 administrative and support service activities. The regional ecosystem of the new project catchment area is driven mainly by the A4 wholesale and retail trade, transportation and storage, accommodation and food service activities and A9 public administration social security, education, human health and social work activities. Graph 4: Sectors diversification (A10) in regional ecosystem for case study 1 project catchment area. B) Project key features The Project concerns the design, construction and commissioning of a new international airport in the area of Kasteli of Crete, with a capacity of fifteen (15) million passengers per year. The regional ecosystem of the new project catchment area is driven mainly by the A4 wholesale and retail trade, transportation and storage, accommodation and food service activities especially based on tourism. During Operational period the key sector that are enlarged are the trade, transportation and accommodation, the group of sectors corresponding to Wholesale and retail trade, repair of motor vehicles and motorcycles, transportation and storage, accommodation and food service activities move form value 0.20 to 0.28

Considering the uncertainties in future estimates
EDES CP EDES OP
Direct Indirect Induced
Total annual income
EDES CP
In contrast in operation period the results
Findings
Experiences from the Swedish Transport Investment

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