Business, Management and Accounting
8 years ago

Revolutionizing ITS Projects: Public Private Partnerships for Efficient Financing

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15th World Congress on Intelligent Transport Systems and ITS America's 2008 Annual MeetingITS AmericaERTICOITS JapanTransCore
Public Private Partnership (PPP) as Solution for Financing ITS Projects
Thomas Laissle

Paper Summary

The article discusses how Public Private Partnerships (PPP) can be a solution for financing ITS projects, which require a lot of time and money. PPP involves collaboration between the government and private companies to fund infrastructure projects like road user charging systems. This approach is seen as flexible and cost-effective for financing large projects quickly.

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