Description:There are various reasons why the road asset in Zambia has been deteriorating over the past five decades since independence. Much effort to restore the road asset to its original value and keep it maintained in a good and safe condition was initiated in mid 1990s with the launch of the Road Sector Investment Plan - Phase I, which was immediately followed by the launch of a Phase II to run from 2003 to 2013. It is my appreciation that many diagnostic studies into road financing strategies which could have led to inefficient road asset management in Zambia have been undertaken, and various solutions tendered. The author takes cognizance that resource mobilization for road construction and maintenance, and subsequent allocation to respective road programs can often be problematic for an emerging country like Zambia. It has the potential to lead to inefficiencies in road asset management as has evidently been demonstrated in the declining road asset value over time. The political, as well as the economic, landscape plays a vital role in resource mobilization and allocation strategies as much as the institutional and the legal framework do. The failure to clear the backlog of maintenance which normally results, largely, from deferment of scheduled maintenance due to insufficient annual budgetary allocation to the road sector maintenance programs has led to the significant deterioration in road network condition. Exorbitant road construction costs have posed additional challenges to the fiscus, thereby constraining both the quantity and quality of road infrastructure that could be constructed and maintained at any given time. Recent policy drives have been categorical in their preference of new road construction aimed at linking Zambia, over road maintenance, which plays a pivotal role in road asset management. This creates a perception that policy pronouncements are at variance to policy documents which promote sustainable economic development through efficient roaWe have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with A Look at Zambia's Road Financing Strategies: The Impact of Incongruent Policies and Budgets. To get started finding A Look at Zambia's Road Financing Strategies: The Impact of Incongruent Policies and Budgets, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
—
Format
PDF, EPUB & Kindle Edition
Publisher
Anchor Academic Publishing
Release
2015
ISBN
3954898519
A Look at Zambia's Road Financing Strategies: The Impact of Incongruent Policies and Budgets
Description: There are various reasons why the road asset in Zambia has been deteriorating over the past five decades since independence. Much effort to restore the road asset to its original value and keep it maintained in a good and safe condition was initiated in mid 1990s with the launch of the Road Sector Investment Plan - Phase I, which was immediately followed by the launch of a Phase II to run from 2003 to 2013. It is my appreciation that many diagnostic studies into road financing strategies which could have led to inefficient road asset management in Zambia have been undertaken, and various solutions tendered. The author takes cognizance that resource mobilization for road construction and maintenance, and subsequent allocation to respective road programs can often be problematic for an emerging country like Zambia. It has the potential to lead to inefficiencies in road asset management as has evidently been demonstrated in the declining road asset value over time. The political, as well as the economic, landscape plays a vital role in resource mobilization and allocation strategies as much as the institutional and the legal framework do. The failure to clear the backlog of maintenance which normally results, largely, from deferment of scheduled maintenance due to insufficient annual budgetary allocation to the road sector maintenance programs has led to the significant deterioration in road network condition. Exorbitant road construction costs have posed additional challenges to the fiscus, thereby constraining both the quantity and quality of road infrastructure that could be constructed and maintained at any given time. Recent policy drives have been categorical in their preference of new road construction aimed at linking Zambia, over road maintenance, which plays a pivotal role in road asset management. This creates a perception that policy pronouncements are at variance to policy documents which promote sustainable economic development through efficient roaWe have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with A Look at Zambia's Road Financing Strategies: The Impact of Incongruent Policies and Budgets. To get started finding A Look at Zambia's Road Financing Strategies: The Impact of Incongruent Policies and Budgets, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.