Aubrey Layne: Trump’s infrastructure plan is no magic bullet
PRESIDENT-ELECT Donald Trump has proposed a $1 trillion plan to fix America’s infrastructure. It relies on public-private partnerships as its primary source of financing.
Our country’s complex transportation network needs an overhaul, but private investment is not the answer, mainly because of the returns that investors expect.
Public-private partnerships can be an excellent procurement tool, but selecting the right project is key.