Tuesday, July 25, 2017
No progress has been made on infrastructure spending after the White House pledged in April to publish its plan.
- Transport PPP deals will increase, concentrated in metropolitan areas and bypassing many Southern and Midwestern states.
- Most US states face a steep learning curve for effective PPP implementation, creating fiscal risks if they sponsor deals that fail.
- Toll and infrastructure funds such as Australia’s Transurban and Macquarie, Spain’s Cintra and Canada’s Brookfield will win business.
- Efforts to lift the 1956 federal highway tolling ban are likely to be blocked by the trucking industry.