Table 3 Model parameters for the I-4 Ultimate
Parameter | Unit | Value | Reference |
|---|---|---|---|
Capital structure | Billon dollars ($) | 2.3 | |
Construction period | Years | 6 | [47] |
Equity level | Percentage (%) | 6 | [47] |
Loan capitalized interest rate | Percentage (%) | 5 | Assumed |
Loan interest rate | Percentage (%) | 3 | Assumed |
Traffic volume | Vehicle/day | 70,000 | Assumed |
Discounted rate | Percentage (%) | 5 | [47] |
Tax rate | Percentage (%) | 3 | Assumed |
Concession period | Years | 40 | |
Concession price | Dollars ($) | 9 | Assumed |
Total subsidy | Billion dollars ($) | 0.4 | Assumed |