International Journal of Entrepreneurship (Print ISSN: 1099-9264; Online ISSN: 1939-4675)

Abstract

Identification of the Main Risk Factors in Infrastructure Projects of Transporting People on Rail by Public-Private Partnerships

Author(s): Vagner Sanches Vasconcelos, Filipe Quevedo Silva, Ricardo Leonardo Rovai, Márcia de Mello Costa De Liberal, Chennyfer Dobbins Abi Rached

The traffic jams index in big cities of Brazil grows every year, bringing about economic, environmental and social debt. One way to revert this tendency is by investing in public transport; and aiming at making it viable, the Brazilian government approved in 2004 a Law that regulates Public-Private Partnerships (PPP). Nonetheless, due to the great volume of investment and the long deadlines involved in these projects, one must thoroughly analyze the risk-return relationship for the private partner. This paper has developed an explanatory research, evaluating an in-depth analysis of four studies pertaining to PPP projects in Brazil, identifying the risk factors involved in each one of those.