Abstract

Both main UK political parties are looking to the private sector to make a contribution to the national infrastructure base. So far there have been successes but some notable failures. Recently, the Government has given a fresh impetus to private sector schemes with the introduction of the Transport & Works Bill, designed to speed up planning procedures for light rail and other transport schemes. This article reviews the political motives for encouraging private participation and examines the main obstacles which have hindered some projects in the past. It then goes on to consider ways of overcoming such barriers: it calls for the construction industry to change its dependency culture by adopting a more pro‐active role, it suggests that promoters need to package their schemes better, and insists that governments must allow private promoters to earn a reasonable return on those projects where they accept all the risks.

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