Financing of water transport infrastructure: foreign experience

  • Svetlana V. Miloslavskaya Volga State Unuversity of Water Transport, Nizhny Novgorod, Russia
  • Elena S. Plotnikova Vytautas Magnus University, Kaunas, Lithuania

Abstract

In recent decades, many countries of the world are faced with the problem of congestion in land transport due to the increase in the volume of transported goods. As a result, much attention is paid to inland waterway transport, which has significant untapped potential. It is also important that inland waterway transport (IWT), in comparison with alternative modes of transport, has such advantages as low cost of transportation, reliability, and environmental friendliness. This article analyzes the experience of financing water transport infrastructure facilities in foreign countries with a developed network of inland waterways, namely, Germany and the United States. The purpose of the work is to generalize the practices of attracting funds for the development of the infrastructure of inland water transport.

Keywords: inland waterway transport, inland waterways, infrastructure, funding gap, public-private partnership, infrastructure user fee, investment

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Author Biographies

Svetlana V. Miloslavskaya Miloslavskaya , Volga State Unuversity of Water Transport, Nizhny Novgorod, Russia

Doctor of Economics, Full Professor, Chief Researcher of the Department of Logistics and Marketing, Volga State University of Water Transport, 5, Nesterov st, Nizhny Novgorod, 603951, e-mail:  priemnaya@vgavt-nn.ru

Elena S. Plotnikova Plotnikova , Vytautas Magnus University, Kaunas, Lithuania

Ph.D, Head of Publishing Department, Vytautas Magnus University. K. Donelaičio g. 58, Kaunas, Lithuania

Published
15-09-2021
How to Cite
Miloslavskaya, S. V. M., & Plotnikova, E. S. P. (2021). Financing of water transport infrastructure: foreign experience. Russian Journal of Water Transport, (68), 150-162. https://doi.org/10.37890/jwt.vi68.214
Section
Economics, logistics and transport management