Image for Concessioning Authorities

Concessioning Authorities

Concessioning Authorities are government or public organizations responsible for granting private companies the rights to develop, operate, and maintain infrastructure projects such as toll roads, airports, or utilities. They oversee agreements called concessions, ensuring these private entities deliver quality services, meet standards, and adhere to regulations, often in exchange for fees or revenues. Essentially, they act as facilitators and regulators to ensure infrastructure projects benefit the public while involving private expertise and investment.