Govts urged to use PPPs

Global business executives and policymakers have called on governments around the world to make greater use of PPP models to tackle infrastructure deficits. Research carried out by the Economist Intelligence Unit, commissioned by Spanish contractor FCC, found that 82% of over 400 respondents believe governments should work more closely with private sector organisations to improve urban infrastructure. Meanwhile, 54% said increased use of PPPs was cited as a means of providing the greatest possible improvement to infrastructure and services. The Urban Infrastructure Insights 2015 survey also found metro and rail projects to be at the top of respondents’ concerns, with 52% citing it has a top priority today and 47% prioritising it in the next five years. “Good transport infrastructure is essential to moving people and goods in any city, and it comes as no surprise that this is a top priority for businesses,” said Miguel Jurado, chairman of FCC Construction. “New road and rail projects, as well as upgrades or maintenance to existing systems, have the power to transform the social and economic dynamics of a city.”   (source: http://www.partnershipsbulletin.com/news/view/85930#sthash.QStvLQ7f.dpuf)