As private participation in public airports becomes a global trend, there are a number of concerns and debates over the conflicting interests of the private and public sectors. For instance, the private sector's interest in maximizing profits often opposes the public sector's interest in...

The U.S. has done much to promote the benefits of private sector participation in infrastructure in recent years. However, several major bottlenecks have impeded the implementation of these advances. Most challenging has been the myriad and continuing political oppositions, public controversies,...

Value for Money (VfM) is the standard evaluation framework for infrastructure public-private partnership (P3) alternatives to traditional public-sector project procurement and financing. VfM's primary focus is on a net present value cost comparison between the alternatives. However, in light of...

Value for Money (VfM) is the standard evaluation framework for infrastructure public-private partnership (P3) alternatives to traditional public-sector project procurement and financing. VfM's primary focus is on a net present value cost comparison between the alternatives. However, in light of...

OECD countries require billions in infrastructure investment for new projects and the rehabilitation of old assets. Public pensions are likewise underfunded and in need of stable, inflation-linked investment opportunities uncorrelated with the rest of their portfolio, making infrastructure a...

Infrastructure development and investment has a profound impact on the environment and local communities, and governments worldwide have continued to develop and refine regulatory reviews for large infrastructure projects to better asses their environmental impacts. Environmental and social...