Public Private Partnerships are quite a trend in transit and infrastructure projects, but with the late and problem prone projects stacking up - are they all they're cracked up to be, or do they put the brakes on transit? Find out in our latest video. youtu.be/pIVJGd5_uaY
YouTube video by RMTransit
You may have missed the final fate of the Sydney Airport Link. The PPP went bankrupt, so the state of NSW basically bought it out at a discount. They still charge the gate fee, but only at the airport stations, not the suburban Mascot and Green Square.
Anyone considering a P3 for a transit project should take a long hard look at Ottawa's LRT which is an unmitigated disaster. jacobin.com/2023/07/publ...
Recent experiences with public-private partnerships in Canadian cities, like Ottawa’s light-rail disaster, reveal how the model prioritizes profit over quality, leaving citizens with higher costs and ...
Before clicking this YouTube I already know a company that’s going to get a ton of exposure here.