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Case
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Reference no. UVA-F-1576
Published by: Darden Business Publishing
Originally published in: 2008
Version: 2 December 2008
Length: 19 pages
Data source: Published sources

Abstract

The case examines one of the most significant infrastructure projects in southeastern Europe during a time when the legal and financial environment for project financing was in its infancy (early to mid-1990s). Athens needed a ring road to support its bid to host the 2004 Olympic Games. The road was technically?as well as logistically?complex, involving 33 municipalities and construction that involved a major metropolitan area (Athens) populated by more than 3.5 million inhabitants. The case examines the economics of the project, how private-public partnerships (PPP) are structured, and the broader field of infrastructure finance.

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Abstract

The case examines one of the most significant infrastructure projects in southeastern Europe during a time when the legal and financial environment for project financing was in its infancy (early to mid-1990s). Athens needed a ring road to support its bid to host the 2004 Olympic Games. The road was technically?as well as logistically?complex, involving 33 municipalities and construction that involved a major metropolitan area (Athens) populated by more than 3.5 million inhabitants. The case examines the economics of the project, how private-public partnerships (PPP) are structured, and the broader field of infrastructure finance.

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