Abstract

All too frequently the plans for a country's transport sector consist of a collection of individual project proposals for the development of road, rail, port and pipeline facilities. Many if not all will satisfy the project selection criteria. However, collectively the projects do not represent the most efficient use of the country's resources and facilities to meet the estimated total transport needs. An overall economic criterion was derived for investment planning purposes by combining the country's objectives with those of the transport sector. The recognition of these objectives and the corresponding resource limitations further led to the establishment of individual criteria by which improvements to the transport system could be judged.

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