Funding Public Private Partnerships (PPP’s) share the same challenges, whether it’s China or here in North America. Small projects need to be aggregated to reach the scale required for PPP’s. Large projects struggle to convey that the benefits of outweigh their hefty price tags. “China’s Sponge City Plan (SCP) is estimated to cost $1.5 Trillion (USD) for 657 cities. “China’s SCP […]

A guide to making infrastructure decisions impartially, rationally, and sensibly. A colleague recommended a Brooking Institution paper and it is a great read. Here are some extracts (emphasis and formatting added) from a recent (February 2017) paper from The Hamilton Project at the Brookings Institution: If you build it: A guide to the economics of infrastructure investment By Diane Whitmore Schanzenbach, Ryan Nunn, and Greg Nantz. America’s infrastructure […]

Both Trump and Trudeau are enamoured with getting the private sector involved in public infrastructure projects. But analyzing value for money before deciding what to build, why to build it, how to build it and where to put it, they are putting the cart before the horse. Trudeau is pushing ahead with an Infrastructure Bank whose mandate is to “make […]