atans1

Public-private initiatives: the Hard Truth

In Infrastructure, Public Administration, S'pore Inc on 16/02/2019 at 7:17 am

I tot of the National Stadium, Hyflux and MRT (though not technically a public-private initiative) fiascos when I read

The important question is not whether we choose publicly managed infrastructure or public-private partnerships. Neither prevents overbuilt infrastructure projects that do more to profit private interests than to serve public needs. Though we’re used to hearing about burdensome “subsidies” for the most cost-effective modes of transportation, the surface transportation infrastructure we can no longer afford to maintain was built for the least cost-effective mode, which predictably proliferated in response. Only when users of the most expensive infrastructure pay the full costs of the infrastructure they use, and when public policies encourage (instead of deter) the more sustainable mobility modes, can we hope for a more sustainable future.

https://ftalphaville.ft.com/2019/02/08/1549605601000/An-honest-history-of-how-America-pays-for-roads/

The public-private initiative that is the bus system seems to be working.

Related post: Bus driver says complain to LTA about bus sign problem

 

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