Business, Management and Accounting
8 years ago

Private Financing Could Transform Public Infrastructure, Boosting Accessibility and Efficiency

1 view
Planning & Transport Res & Comp, Sum Ann Mtg, Proc
PRIVATE FINANCING OF PUBLIC INFRASTRUCTURE
Anne Osborne

Paper Summary

The article discusses using private financing for public infrastructure projects to better align government spending with the benefits received. This involves leasing arrangements with private investors to spread out the cost of major projects over time. The goal is to ensure that the timing of government expenditure matches the timing of benefits for users. Potential concerns like asset ownership, maintenance costs, and investor protection are addressed. The concept is illustrated with a case study on financing motorways.

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