January 3, 2008

Headlines

1. Soon, Roads Could Start Tolling for Carlyle.
2. Ports Infrastructure — A New Frontier for Public-Private Ventures?
3. Texas transportation commission chairman’s death could upend toll-road debate.
4. Questions Raised About Leasing Schools.
5. Opinion: Enlist private partner for LA subway expansion.

1. Soon, Roads Could Start Tolling for Carlyle

Someday,
the Carlyle Group may want to sell you the Brooklyn Bridge. For
real.The District buyout firm has raised $1.15 billion for an
infrastructure fund that it will use to partner with federal, state and
local governments in running vital public projects in the United
States, including water and sewer systems, bridges, tunnels, highways
and airports. http://www.washingtonpost.com/wp-dyn/content/article/2008/01/02/AR2008010202988.html?hpid=sec-business

2. Ports Infrastructure — A New Frontier for Public-Private Ventures?

A December 3-5 conference in Coral Gables, Florida, organized by
Infocast, has thrown a spotlight on another class of infrastructure
assets, namely ports and intermodal facilities. Judging by the large
number of senior executives from port authorities, shipping concerns
and the financial community taking part in the conference, the
challenge of expanding port and intermodal infrastructure is resonating
strongly with operators, shippers and investors alike. A keynote
address by former Transportation Secretary Norman Mineta and the
presence of senior officials from U.S. DOT underscored the importance
which the public policy community attaches to the ports issue. http://www.reason.org/outofcontrol/archives/2008/01/ports_infrastru.html

3. Texas transportation commission chairman’s death could upend toll-road debate.

The
death of Ric Williamson, the fiery, whip-smart chairman of the state
transportation commission, could upend the still-roiling debate over
toll roads in Texas in the New Year. http://www.dallasnews.com/sharedcontent/dws/dn/latestnews/stories/010108dntextxdot.2a5a62f.html

4. Questions Raised About Leasing Schools.

Raleigh
— Two years after state lawmakers approved the concept of using
public-private partnerships to build public schools, the first such
projects are beginning to take shape. http://www.wral.com/news/local/story/2240290/

5. Opinion: Enlist private partner for LA subway expansion.

If
we want to get serious about building a subway now, or about making
needed San Fernando Valley transportation improvements, it’s time to
think outside the usual box of taxes and bonds and consider a
public-private partnership to build the transportation system Los
Angeles needs. http://www.dailynews.com/editorial/ci_7851652

Publications

"Public-Private Partnerships Principles of Policy and Finance” by E. R. Yescombe, (Butterworth-Heinemann, 2007, ISBN: 0750680547