Public/Private Partnership and Tariff Regulation Failure: The Example of Dakar/Diamniadio Toll Highway in Senegal

Elhadji Mounirou Ndiaye

Abstract

This article shows that the social benefits can be annihilated by a bad negotiation or a regulation failure resulting in an over-tariffication. The example of the toll highway Dakar/Diamniadio in Senegal is revealing. This article gives an analysis as well as an economic and financial evaluation showing that the State had additional margins in tariffs negotiation.