Abstract
The present paper introduces a new approach for the calculation of the economic internal rate of return for the projects in the road sector aiming to consider the link between the chosen business models/revenue mechanisms and the economic output. The novelty of the current approach is that the economic output of the road projects is considered based on both design options of the roads and the chosen organisational model for the private investments. The current approach makes a strong fundament for the decision makers to master plan an economically viable road projects developed under private investment models.
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