A Review of Highway Agencies in the South Asia Region
A Review of Highway Agencies in the South Asia Region
A Review of Highway Agencies in the South Asia Region
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A <strong>Review</strong> <strong>of</strong> <strong>Highway</strong> <strong>Agencies</strong> <strong>in</strong> <strong>the</strong> <strong>South</strong> <strong>Asia</strong> <strong>Region</strong><br />
1 Introduction<br />
1.1 Background<br />
High economic growth experienced by <strong>the</strong> <strong>South</strong> <strong>Asia</strong> region (Figure 1.1) is driv<strong>in</strong>g <strong>the</strong><br />
grow<strong>in</strong>g demand for passenger and freight transport <strong>in</strong> <strong>the</strong> region. Figure 1.2 shows <strong>the</strong><br />
projected car ownership between 2002 and 2030. India shows <strong>the</strong> highest growth <strong>in</strong> car<br />
ownership (547 percent), <strong>in</strong> l<strong>in</strong>e with <strong>the</strong> country with <strong>the</strong> highest economic growth <strong>in</strong><br />
<strong>the</strong> <strong>South</strong> <strong>Asia</strong> region. On <strong>the</strong> o<strong>the</strong>r hand, though Pakistan is projected to have <strong>the</strong> lowest<br />
growth <strong>in</strong> <strong>the</strong> region, car ownership is still expected to <strong>in</strong>crease by 142 percent. Thus, it<br />
is evident that ever larger freight flows and ris<strong>in</strong>g motorization rates will pose a challenge<br />
across <strong>the</strong> region.<br />
Figure 1.1: Expected GDP growth 2007-12 as Compounded Annual Growth Rate (CAGR) (%)<br />
across <strong>South</strong> <strong>Asia</strong><br />
India<br />
Bangladesh<br />
Sri Lanka<br />
Nepal<br />
Pakistan<br />
CAGR <strong>of</strong> GDP growth 2007-12 (%)<br />
14<br />
2.9<br />
3.8<br />
Source: Joyce Dargay, Dermot Gately and Mart<strong>in</strong> Sommer (2007).<br />
5.4<br />
6.0<br />
8.6