The Benefits of Private Investment in Infrastructure

  • 1. Private capital moderately leveraged with government investment could total $625 billion and create up to 1.9 million jobs over 10 years.
  • 2. Could reduce U.S. unemployment by 14% overall, and significantly boost the depressed construction sector.
  • 3. Over $250 billion of private capital has been raised globally for investment in Public Private Partnerships.
  • 4. The use of private capital allows governments to avoid taking on excessive debt or increasing taxes to fund projects.
  • 5. Government employees increasingly see the benefits of private investment, as pension funds set aside money for infrastructure investment and provide direct equity for projects due to reliable and stable returns.

Download Sphere Consulting's report on Private Investment in Infrastructure

May 3rd, 2012

Puerto Rico picks two finalists for airport privatization

Puerto Rico picks two finalists for airport privatization

Reuters reports that Puerto Rico officials eyeing a possible $1 billion payday on Wednesday said they had narrowed to two the finalists for a public-private concession to run the Caribbean island’s Luiz Munoz Marin Airport for as long as half a century.

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Categories: PPP

Apr 30th, 2012

USDOT Encourages New York to Reapply for TIFIA Loan for Tappan Zee

USDOT Encourages New York to Reapply for TIFIA Loan for Tappan Zee

Infra Americas reports that the US Department of Transportation (USDOT) has encouraged the New York State Thruway Authority (NYSTA) to reapply for a TIFIA loan for the Tappan Zee Bridge replacement project later this year if the government increases funding for the federal credit assistance program.

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Categories: Federal Funds

Apr 27th, 2012

Colorado’s I-70 Draws Three More Bidders

Colorado’s I-70 Draws Three More Bidders

Infra Americas reports that the Colorado Department of Transportation (CDOT) has received expressions of interest from three firms for the I-70 west mountain corridor project in addition to Parsons, which presented an unsolicited proposal in February.

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Categories: Money

Apr 26th, 2012

Abertis in deal for OHL’s Brazil assets

Abertis in deal for OHL’s Brazil assets

Financial Times reports that Abertis is set to become the worlds’ largest motorway toll road operator after agreeing to buy assets in Brazil and Chile from OHL for 10 per cent of its own shares, worth €865m.

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Categories: Money

Apr 18th, 2012

Puerto Rico’s Infrastructure Reniassance – David Alvarez on Public-Private Investment

Puerto Rico’s Infrastructure Reniassance – David Alvarez on Public-Private Investment

“People were thinking that we were just selling the schools,” head of Puerto Rico’s public-private partnership program David Álvarez admits, “we explained that the private sector was just building and doing infrastructure.”Watch the video here.

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Categories: PPP

Apr 17th, 2012

Conservative group labels long-term highway bill negotiations ‘kabuki dance’

Conservative group labels long-term highway bill negotiations ‘kabuki dance’

The Hill reported that The conservative Heritage Foundation’s political arm is warning its members about negotiations between the House and Senate about a possible long-term highway bill now that Congress is back in town.

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Categories: National Infrastructure

Apr 10th, 2012

Teams Prepare Bids for USD1.3bn Ohio River Bridges P3

Teams Prepare Bids for USD1.3bn Ohio River Bridges P3

At least four bidding teams are preparing offers for the USD1.3bn East End Crossing of the Ohio River Bridges project, multiple sources have said.  Sources have identified ACS/Skanska, Balfour Beatty Capital/Kiewit, Fluor/Meridiam/Acciona and Vinci/Walsh among the teams responding to the RFQ that was issued by the Indiana Department of Transportation (INDOT) and the Indiana Finance [...]

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Categories: PPP

Apr 9th, 2012

Pennsylvania House Passes P3 Bill

Pennsylvania House Passes P3 Bill

The Pennsylvania House of Representatives has passed House Bill 3, which would allow the Pennsylvania Department of Transportation (PennDOT) to engage in P3 deals and create a P3 transportation board.

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Categories: PPP

Apr 3rd, 2012

California Trims $30 Billion From Cost of New Bullet Train

California Trims $30 Billion From Cost of New Bullet Train

Bloomberg reports that Macquarie plans to raise USD2bn within a year for its third infrastructure fund in North America, said a source familiar with the group’s fundraising plans.

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Categories: Money