ABSTRACT
Part 4 begins with a study on standards versus context from the perspective of PPP delivery in an international setting. PPP strategic investors and modespecific business models are subsequently discussed within the transport PPP market, offering insight on the way these investors tend to standardise their business development based on their strengths and expertise. Interestingly, strategic investors appear to be evolving (contextualising) their business development as their competence grows on the one hand, and their transport mode-specific business models evolve over time, on the other. Lastly, the assessment of project creditworthiness is investigated and new parameters are offered for consideration in an effort to add a degree of contextualisation to a process that is, by nature, largely standardised in order to serve its intended purpose.
