U.S.' Infrastructure plan needs P3s for airports to make a difference
Successive U.S governments have been unveiling stimulus packages and infrastructure plans since the emergence of the coronavirus pandemic, and those now total more than USD6 trillion.
The airport sector has been a recipient, but of only USD33 billion in 2021, including from the latest proposal, which is still to be ratified. That sector says it needs US115 billion now.
It is clearly not a priority for this administration but surprisingly has been, at least comparatively, under the previous one.
The private sector could help fill the gap and the interest is there. But further changes are needed to regulation to enable that sector to play its part fully.
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