Model Applications: Formulating Highway Investment Strategies
Improvement of road conditions has become a major concern for many developing countries in the 1980s.1 Roads in many developing countries have deteriorated in the past decade due to their bearing heavier traffic loads than was originally intended for them, and funds have been allocated for expanding rather than maintaining the network (World Bank 1983). Thus, formulating investment priorities for road improvement has become an important component in national planning strategy, because transportation is vital to nations’ economies. Also, many countries face various problems from having allocated limited capital resources in the past to improving transportation facilities that have since deteriorated.
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