 The evidence is everywhere of the large — and growing — gap between infrastructure needs and historical rates of investment: congested roads; bridges in need of repair; poorly maintained transit systems and recreational facilities; and deteriorated hospitals, schools and waste treatment facilities. These problems in turn impose huge societal costs, from lower productivity and reduced competitiveness to an increased number of accidents. Less well understood than the growing infrastructure deficit, however, is the revolution taking place in how this gap is being closed. In little more than a decade, a paradigm shift has occurred in how governments provide infrastructure. The use of private financing, design, building and operation of infrastructure has emerged as one of the most important models employed by many governments to close the infrastructure gap. While public-private partnerships (PPPs) are unlikely to ever replace traditional infrastructure financing and development, they can be an important tool for governments hoping to address infrastructure shortages. Our global and United States-focused reports outline the benefits and challenges of, and address criticism against, PPPs in the following infrastructure segments: These studies from Deloitte Research, a part of Deloitte Services LP, provide a road map for governments at all stages of PPP development to take public-private partnerships to the next level. This, in turn, will enable this relatively new delivery model to play a far larger role in closing the infrastructure gaps bedeviling governments across the world. Related Content:
Overview: Nation in Transition: Defining Change
Report: Changing Lanes: Addressing America’s Congestion Problems Through Road User Pricing
Podcast: Bridging the Gap: How Private Investment Can Reduce the Infrastructure Deficit |
