U.S. PIRG Education Fund
July 2011
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Private sector companies are likely to play a major role in the construction of high-speed rail lines in the United States. Public-private partnerships – or “PPPs” – have come to play an important role in the construction of high-speed rail lines around the world.
The experience with high-speed rail PPPs, however, has been mixed. While PPP arrangements have brought private capital and expertise to the task of building high-speed rail, PPPs have also resulted in cost overruns, government bailouts, and other serious problems for the public. America must learn from these experiences and pursue PPPs only in keeping with key principles designed to protect the public interest.
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1 comment:
PPP management system is an effective and efficient, although in the USA is accepted with caution concession to manage transport infrastructure to private companies.
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