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Private participation in US infrastructure: the role of regional PPP units

In: Public–Private Partnerships for Infrastructure Development

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  • Carter B. Casady
  • R. Richard Geddes

Abstract

More than 30 states in the United States (US) have adopted public_private partnership (PPP) enabling laws designed to create a stable legal structure and institutional framework to attract long-term investment in public infrastructure projects. However, to participate more effectively in supporting PPP program and project development, many advanced countries, such as Canada and Australia, have created regional units to better assist the development and implementation of PPP projects. Such units can assist individual projects by increasing public sector expertise and capacity to help reduce contracting and oversight risks, keep abreast of best practices from other jurisdictions, and aid in marketing regional opportunities for infrastructure development. Based on the example of the Western High Speed Rail Alliance and the West Coast Infrastructure Exchange, a possible seven-region PPP system is proposed to plan, guide and support PPP development in the US.

Suggested Citation

  • Carter B. Casady & R. Richard Geddes, 2019. "Private participation in US infrastructure: the role of regional PPP units," Chapters, in: Raymond E. Levitt & W. R. Scott & Michael J. Garvin (ed.), Public–Private Partnerships for Infrastructure Development, chapter 11, pages 224-242, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:18544_11
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    Cited by:

    1. Mai, The Vinh & Casady, Carter B., 2023. "Delivering transport infrastructure using state-owned enterprises (SOEs): A business history of Vietnam Expressway Corporation between 2004 and 2016," Structural Change and Economic Dynamics, Elsevier, vol. 65(C), pages 339-350.

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