Examples of using Infrastructure development and operation in English and their translations into Arabic
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Colloquial
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Political
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Ecclesiastic
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Ecclesiastic
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Computer
Furthermore, it is advisable to provide the parties with the necessary authority to negotiate appropriate arrangements, including compensation provisions, in order to address situations where the application of price control rules directly or indirectly related to the provision of public services may result in fixing prices below the level required for the profitable operation of the project(see chapter V,“Infrastructure development and operation”,___).
Competition policy and monopolies In devising programmes to promote private sector investment in infrastructure development and operation, a number of Governments have found it useful to review the assumptions under which State monopolies had been established with a view to(a) identifying those activities that still maintain the characteristics of natural monopoly and(b)
However, it should be noted that these restrictions typically apply to the voluntary transfer of its rights by the concessionaire; they do not preclude the compulsory transfer of the concession to an entity appointed by the lenders, pursuant to a direct agreement between them and the contracting authority, for the purpose of averting termination due to serious default by the concessionaire(see further chapter V,“Infrastructure development and operation”,___).
In those legal systems where the contracting authority has the right to request modifications in the project, some laws give the concessionaire the right to terminate the project agreement if the contracting authority alters or modifies the original project in such a fashion as to cause a substantial increase in the amount of investment required and the parties fail to agree on the appropriate amount of compensation(see chap. V,“Infrastructure development and operation”,___).
For instance, completion, cost-overrun and other risks typical of the construction phase are usually allocated to the construction contractor or contractors through a turnkey construction contract, whereby the contractor assumes full responsibility for the design and construction of the facility at a fixed price, within a specified completion date and according to particular performance specifications(see chap. V,“Infrastructure development and operation”,___).
For example, the parties may agree that the occurrence of some of those events may exempt the affected party from the consequences of failure to perform under the project agreement and there will be contractual arrangements providing solutions for some of their adverse consequences, such as contract extensions to compensate for delay resulting from events or even some form of direct payment under special circumstances(see chap. V,“Infrastructure development and operation”,___).
For purposes of transparency and to avoid doubts by potential foreign as well as domestic investors, it may be useful to incorporate into special legislation pertaining to privately financed infrastructure projects those rights and obligations that are implied or are not treated systematically in the legal system and which are found to be appropriate in connection with those projects(see chapter V,“Infrastructure development and operation”,___).
6(National policies and instruments, and Infrastructure development and operations) high priority.
(d) Progress towards the development of regional transport infrastructure agreements and harmonization of navigation rules and regulations along the Mekong River; and improvement of the environment for private sector participation in infrastructure development and operations;
Infrastructure development and operation.
Subprogramme 6. Infrastructure development and operation.
Undesirable restrictions on private sector participation in infrastructure development and operation should be eliminated.
However, the Guide does not cover“privatization” transactions that do not relate to infrastructure development and operation.
Many African countries do not have policies that facilitate private sector participation in transport infrastructure development and operation.
In particular, it is useful to distinguish the conditions for termination from those for step-in by the contracting authority(see chap. V,“Infrastructure development and operation”,___).
Questions may arise as to whether those circumstances have occurred and, if so, how the contractual terms should be changed or supplemented(see chap. V,“Infrastructure development and operation”,___).
For example, they may provide for the prices charged by the concessionaire to change automatically by means of an index clause under certain circumstances(see chap. V,“Infrastructure development and operation”,___).
The draft chapter combines issues previously proposed for discussion in two separate chapters, namely, chapters IV,“The project agreement”(contained in A/CN.9/458/Add.5), and V,“Infrastructure development and operation”(also contained in A/CN.9/458/Add.6).
Additional rights of the Government might include extensive monitoring and inspection rights, as well as the right to impose sanctions on the private operator for failure to perform(see chapter V,“Infrastructure development and operation”,___).
The secretariat will strengthen its assistance to member countries in promoting the safe transport of passengers and goods, in particular hazardous goods, while maintaining a clean environment, and in implementing environmental impact assessments in relation to infrastructure development and operation.