Increasingly, Infrastructure Offloaded to Private Sector

Unable to pay for transportation infrastructure and unlikely to get help at the federal level, cities and states are looking to private entities to build and invest in their infrastructure projects.

"There are at least 70 privately funded and managed infrastructure projects across the United States in various stages of development, according to a list compiled by the law firm Allen & Overy. These are part of a vast network of roads, bridges and tunnels - to say nothing of the subways, ports, airports and water systems - crying out for attention. Consider this: Over the past 60 years, the United States has built a 46,876-mile federal highway system that is now in dire need of repair. As a result, states have had to pour more of their transportation dollars into fixing aging highways and even in good times have little or nothing left over for new construction."

Full Story: With U.S. infrastructure aging, public funds scant, more projects going private

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