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Posts Tagged ‘Public-Private Parnerships’

Detroit, MI: Get Ready for the QLINE!

Tuesday, April 11th, 2017

Local Detroiters may have seen test runs of the city’s new QLINE tram running its 6.6-mile loop between Downtown and Midtown in past weeks, and the city is finally getting ready to let the public climb aboard. Running along Woodward Avenue between Downtown and Midtown, this modern tram line will connect two of Detroit’s most vibrant shopping, dining and nightlife districts. The grand opening is scheduling for Friday, May 12.

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Private Capital, Public Good

Tuesday, December 23rd, 2014
Figure 1. Different Levels of Private Sector Engagement in PPP Contracts

BROOKINGS METROPOLITAN POLICY PROGRAM
Despite its fundamental and multifaceted role in maintaining national growth and economic health, infrastructure in the United States has not received an adequate level of investment for years. Political dysfunction, a challenging fiscal environment, greater project complexity, and the sheer size of the need across different sectors are forcing leaders across the country to explore new ways to finance the investments and operations that will grow their economies over the next decade…Part of this exploration means new kinds of agreements between governments at all levels and the private sector to deliver, finance, and maintain a range of projects. Beyond simplistic notions of privatization, the interest is in true partnerships between agencies, private firms, financiers, and the general public. Many nations already successfully develop infrastructure in this manner today.

Despite its fundamental and multifaceted role in maintaining national growth and economic health, infrastructure in the United States has not received an adequate level of investment for years. Political dysfunction, a challenging fiscal environment, greater project complexity, and the sheer size of the need across different sectors are forcing leaders across the country to explore new ways to finance the investments and operations that will grow their economies over the next decade.

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InfrastructureUSA: Citizen Dialogue About Civil Infrastructure