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The Abidjan-Ouagadougou Railway Concession

ACCESS FEE ARBITRATION BIDS COACHES COMPETITION FROM ROAD COMPETITION FROM ROAD TRANSPORT CORRIDOR CREDITS DEBT DEBT FINANCING DEBT SERVICE DISPUTE RESOLUTION DOMESTIC TRANSPORT ENVIRONMENTAL PROTECTION ESTATE FINANCIAL COMPENSATION FINANCIAL DIFFICULTIES FINANCIAL DISCIPLINE FINANCIAL EVALUATION FINANCIAL PERFORMANCE FINANCIAL RESOURCES FINANCIAL SITUATION FIRST FULL YEAR OF OPERATION FLEETS FORWARDERS FREIGHT FREIGHT CUSTOMERS FREIGHT TRAFFIC INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENT PROGRAMS INFRASTRUCTURE MANAGEMENT INTERNATIONAL SHIPPING INVESTING INVESTMENT CONTRACTS INVESTMENT FINANCING INVESTMENT PROGRAM JOINT-STOCK COMPANY LABOR LAW LEASES LOCAL GOVERNMENTS LOCOMOTIVES LONG DISTANCE LONG DISTANCE TRAFFIC LONG-DISTANCE LOSS-MAKING MAINTENANCE OF INFRASTRUCTURE MOTIVE POWER NEGOTIATION PASSENGER SERVICE PASSENGER SERVICES PASSENGER TRAFFIC PASSENGERS PENSION PENSION SYSTEM PETROLEUM PRODUCTS PRIVATE INVESTORS PSO PUBLIC CORPORATIONS PUBLIC SERVICE OBLIGATION RAIL RAIL EQUIPMENT RAIL INFRASTRUCTURE RAIL SAFETY RAIL SERVICES RAIL TRANSPORT RAILWAY RAILWAY ACTIVITY RAILWAY COMPANIES RAILWAY CONCESSION RAILWAY ENGINEERING RAILWAY EQUIPMENT RAILWAY INFRASTRUCTURE RAILWAY LANDLORD CORPORATIONS RAILWAY OPERATIONS RAILWAY WORKERS RAILWAYS REGULATORY FRAMEWORK REHABILITATION PROGRAM RENTAL FEE RESERVES ROAD ROAD NETWORK ROAD TRANSPORT ROAD USER ROAD USER CHARGES ROLLING STOCK SEVERANCE PAYMENTS SHAREHOLDER SHAREHOLDERS STOCK EXCHANGE STRATEGIC INVESTOR TAX TAX REGIME TRACK TRAFFIC WAGONS
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World Bank, Washington, DC
Africa
2012-08-13T09:43:23Z | 2012-08-13T09:43:23Z | 1999-08

Since the 1980s, most Sub-Saharan African railways have been experiencing a severe crisis: declining traffic and revenue, lack of market orientation and poor service, continued operation of high-loss passenger services, poor maintenance, gross overstaffing, lack of technical and financial discipline, and heavy financial losses. Attempts to 'restructure' railways as public entities have generally failed. Involvement of the private sector in railway operations under a concession arrangement now seems to be a promising tool for transforming railways into business-oriented enterprises. The concession technique, successfully applied in Latin America, was used for the first time in Sub-Saharan Africa in Cote d'Ivoire and Burkina, who jointly concessioned the Abidjan-Ouagadougou railway to a private operator in December 1994.

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