Strategic transportation finance clearinghouse.
R. Farley, David Maldwyn Ellis, Allison Weldon
Abstract
R. Farley, David Maldwyn Ellis, Allison Weldon
Abstract
Between now and 2030, there will be a significant gap, well in excess of $100 million, between the amount of revenue needed to funded infrastructure projects and the amount of revenue available to fund those projects in Texas. At the same time, there is private capital seeking to invest in infrastructure projects. Despite the need for capital on the part of the public sector and the willingness to supply capital on the part of the private sector, to date, there have been only a limited number of public-private partnership projects. This paper seeks to begin a process to construct an environment in which more projects can be funded with private capital to the benefit of both the public and private sectors.
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Between now and 2030, there will be a significant gap, well in excess of $100 million, between the amount of revenue needed to funded infrastructure projects and the amount of revenue available to fund those projects in Texas. At the same time, there is private capital seeking to invest in infrastructure projects. Despite the need for capital on the part of the public sector and the willingness to supply capital on the part of the private sector, to date, there have been only a limited number of public-private partnership projects. This paper seeks to begin a process to construct an environment in which more projects can be funded with private capital to the benefit of both the public and private sectors.
Key concepts: Business, Finance, Private sector, Revenue, Capital (architecture), Private capital, General partnership, Private finance initiative