Government and political involvement in Transport

Choose the correct definition for transportation supply

• the provision of transport infrastructure, services and networks by the private sector for a specific period of time

• the provision of transport services by the private sector for a specific period of time and in a specific geographical area

• the provision of transport infrastructure, services and networks by the private sector and the government for a specific geographical area

• the provision of transport infrastructure, services and networks by the private sector and the government for a specific period of time and in a specific geographical area

Transportation supply consists of the following: (Choose all that apply)

• Infrastructures

• Service

• Network

• Firms

• Labor

Transportation suppliers consists of:

• Government, Private sectors and Individuals

• Only the government

• Government and Private sectors only

• Private sectors and Individuals only

Below are the reasons behind government's role in transport supply EXCEPT:

• Important for economic/strategic purposes

• High investment

• Not conducive for market competition

• Public service

• Loss making ventures

Private sector supplies transport in the form of infrastructure, services and networks.

• True

• False

There are three types of ownership and organization in transport: partnership, limited liability company and cooperatives.

• True

• False

Below are reasons privatization of transport supplies is encouraged EXCEPT:

• it complements any shortcomings of government supply

• considered more effective and efficient

• helps reduce corruption

• it overcomes limitation of government budgets

Privatization takes place where the private sector provides transport services with government funds.

• True

• False

Privatization methods include:

• BOT, BOO, BTO and BOOT

• BOO & BTO only

• BOOT and BOT only

• BOOT only

The definition of Built Operate Transfer is when a private entity receives a franchise from the public sector to finance, design, construct and operate a facility for a specified period, after which ownership is transferred to the private sector.

• True

• False