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Author: Cheatham, Benjamin
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Private-Investment Opportunities for Public Transport
Public-private partnerships represent a significant opportunity for private investors - but pose worrisome risks as well.
Authors: Cheatham, Benjamin; Oblin, Walter
Product Type: Journal Articles
Source: The McKinsey Quarterly
Publication Year: 2007
Opportunities for the private sector to invest in public-transportation infrastructure through public-private partnerships are likely to be worth more than $330 billion from 2005 to 2010, accelerating a growth trend that began in the mid-1990s.1 But in some countries weak political commitment, a lack of appropriate regulatory safeguards, and poor project governance pose worrisome risks for investors.
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