SUMMARY
This study reviews transit transport cooperation in Eastern and Southern Africa. With regards to modalities for infrastructure financing, the States members of the Southern African Development Community (SADC) are promoting a unique corridor development concept. This addresses the basic problem facing infrastructure in countries with low income levels - the chicken-and-egg problem. Infrastructure investment is not viable until economic activity justifies it; that is, transport is a derived demand. The corridor development approach address this issue by seeking to concentrate viable industrial investment projects within selected corridors connecting inland production areas to ports at the same time as infrastructure investment takes place. The synchronous development of directly productive activity and infrastructure ensures a revenue stream which makes the infrastructure investment attractive to private business. [English only]
