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The Guidelines on Innovative Revenues for Infrastructure (IRI) is intended to be a living document and will be reviewed at regular intervals. They have not been prepared with any specific transaction in mind and are meant to serve only as general guidance. It is therefore critical that the Guidelines be reviewed and adapted for specific transactions

To find more, visit the Innovative Revenues for Infrastructure section and the Content Outline, or Download the Full Report.  For feedback on the content of this section of the website or suggestions for links or materials that could be included, please contact the Public-Private Partnership Resource Center at ppp@worldbank.org.

 

 

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Parking (above and/or below ground)

The space above, below, and around the infrastructure can be used for commercial parking facilities, to earn new revenues and to address congestion.

The World Bank’s Municipal Public-Private Framework Case Studies includes around 100 Project Summaries with examples of commercial value capture in various sectors and from countries around the world. Below is a list of projects and project summaries which use Parking as innovative sources of funding.

To find more see Municipal Public-Private Partnership Framework.

List of Projects: Parking

Project Summaries

Moncloa Transportation Exchanger, Madrid, Spain In August 2005, Consorcio Regional de Transportes de Madrid (CRTM), Madrid’s transportation authority, initiated a… more
Hong Kong Mass Transit Railway Corporation, Hong… In 1975, the Hong Kong government established the Hong Kong Mass Transit Railway Corporation (MTRC), a government-owned… more
Sheberghan City Bus Terminal, Sheberghan,… Bus passengers in Sheberghan had to wait for buses outside on the main road, sometimes for hours, without access to… more
Modern Bus Terminal and Municipal Market, Danli,… The municipality of Danlí in Honduras had an outdated and disorganized bus terminal and was suffering from high traffic… more
Bus Terminal-cum-Commercial complex in Mohali,… Mohali’s bus terminal was not meeting the transport demands of a growing city, which had burgeoned into a commercial… more
Amritsar Intercity Bus Terminal, India The Department of Transportation (DoT) of the Government of Punjab (GoP), facilitated by the Punjab Infrastructure… more
Bus Terminal and Commercial Complex, Dehradun,… To accommodate the growing population of Dehradun and the influx of tourists, the Mussoorie Dehradun Development… more
Pulkovo Airport, St. Petersburg, Russia St. Petersburg is among Russia’s most well-known tourist destinations, the nation’s second largest center for business… more
Commercial and Landside Operations of I Gusti… Most of the airport’s revenues historically came from aeronautical activities, such as passenger service charges and… more
Mandaluyong City Market, Manila, Philippines Following a competitive tender of the project, the City Government awarded the contract to build the market to Macro… more
Automated Multi-level Car Park, Connaught Place,… Connaught Place, located in the heart of New Delhi, India, is one of the busiest markets in New Delhi. The increasing… more
Underground Parking and Commercial Services… The District of San Borja, a vibrant center for commercial activity in Lima, Peru, suffered a high deficit of public… more
Parking Area under Rivera Navarrete Avenue in San… San Isidro is Peru’s financial center and has an estimated deficit of 10,600 parking spaces, which led to widespread… more
Queen Elizabeth II Medical Center Car Parking… In 2009, the Queen Elizabeth II Medical Centre Trust (the Trust) and the State of Western Australia (the State) began… more
Multi-level Car Parks in Thimphu City, Bhutan To help address traffic congestion in Thimphu City, the capital of the Kingdom of Bhutan, the Royal Government of… more
Sports Hub, Singapore Following the closure of the old Singapore National Stadium in 2007, the Singapore government needed a replacement… more
Campin Coliseum (Movistar Arena), Bogota, Colombia The Coliseo Cubierto El Campin is a multipurpose event facility constructed in 1973 in Colombia’s capital city, Bogota… more
Akaretler Row Houses, Istanbul, Turkey The Akaretler Row Houses, built in 1875, are a cultural and historic structure in Istanbul built originally to provide… more
Elbphilharmonie, Hamburg, Germany The Elbe Philharmonic Hall in Hamburg is designed to host a concert building, a wellness and conference zone, 47 owner-… more
Durban Point Waterfront Development Project,… The Point Waterfront plan consists of a modern, mixed-use development project covering 750,000 square meters of bulk… more
Capitol Crossing, Washington, District of… Capital Crossing is an ambitious project to develop a multi-level podium over the busy I-395 highway that runs through… more
Downtown Renewal, Silver Spring, Maryland, United… The downtown area of Silver Spring had been slowly deteriorating for several decades. Prior attempts were made by the… more
Mixed Use Development, Virginia Beach, Virginia,… In September 2011, the City of Virginia Beach received an unsolicited proposal from the Breeden Company to convert a… more
Long Beach Civic Center Project, Long Beach,… The City of Long Beach has an abundance of land but was facing significantly inadequate public facilities, maintenance… more
Sustainable Housing Project in Turin, Italy In order to provide housing for vulnerable individuals and families, including families waitlisted for public housing,… more
Majadahonda’s Puerta de Hierro Hospital, Madrid,… The Puerta de Hierro Hospital, constructed in the 1960’s, was nearing obsolescence, while Madrid’s population had been… more
Note/s:

The Guidelines on Innovative Revenues for Infrastructure (IRI) is intended to be a living document and will be reviewed at regular intervals. They have not been prepared with any specific transaction in mind and are meant to serve only as general guidance. It is therefore critical that the Guidelines be reviewed and adapted for specific transactions

To find more, visit the Innovative Revenues for Infrastructure section and the Content Outline, or Download the Full Report.  For feedback on the content of this section of the website or suggestions for links or materials that could be included, please contact the Public-Private Partnership Resource Center at ppp@worldbank.org.