Yesterday at a workshop in Detroit, the Bipartisan Policy Center launched a report detailing the opportunities for private investment in the much needed provision and maintenance of public infrastructure.
The seminar discussed the unexplored opportunities for the private sector to invest in the nation's $2 trillion worth of deteriorating infrastructure — and get a return on investment — in coming years via an broad expanion of public-private partnerships.
Public-private partnerships, in which private companies agree to build and sometimes operate public infrastructure for a fee or other payments, are increasingly common overseas and in Canada (which is using a P3 to building the $2.1 billion Gordie Howe International Bridgebetween Windsor and Detroit), but the United States has lagged in its implementation. Michigan is among more then two dozen states that lack the sort of enabling legislation to more easily allow P3 projects.
More details here
The BPC report is below
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