Deloitte forum encourages PPP partnerships
Global meeting held on improving public infrastructure around the world
Global meeting held on improving public infrastructure around the world
Former US secretary of
transportation Norman Mineta, speaking at the
Deloitte
Global Forum in Washington, has claimed that public-private
partnerships
(PPP) can
help solve the ‘current mess’ of a lack of public infrastructure around the
world.
‘Our productivity is being compromised by a nightmare of slow-motion,
stop-and-go traffic, even on weekends. It doesn’t have to be like this:
Public-private partnerships offer a way out of this mess,’ he said.
‘We’re seeing massive growth in public private partnerships (PPPs) globally,’
added Bill Owens, former governor of Colorado and vice chairman of RBS Greenwich
Capital.
‘That’s because governments are confronting massive deficits in public
infrastructure, and long-term solvency requires these partnerships across
industry. As more PPP success stories emerge internationally, government leaders
are also realizing that a PPP is different from outsourcing, and that higher
quality, more efficient infrastructure is achievable,’ he said.
The Deloitte Global Forum gathered around 140 business and government leaders
to discuss the serious deficit in public infrastructure and share their
experiences applying public private partnerships.
Further reading:
London Underground slams PPP groups over accounts
FDs slam PFI deals as work increases
The numbers you crunch tell a story. Your expertis...
17yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleAs we get closer to the Budget and there is talk of public spending reduction to fund his proposals, we think a cut by the Chancellor to the headline ...
View articleTechnology industry leaders are pressing the government for substantial investment to prepare the next generation with essential digital and AI skills...
View articleUK Chancellor Jeremy Hunt has hinted at the possibility of further tax cuts in the upcoming spring Budget, during his time at the World Economic Forum...
View articleEffective corporate reporting on sustainability will prevent greenwashing issues and deliver more data for better implementation of climate policies R...
View articleCGT receipts have increased by over 100% in the past five years and reached a record level of £18bn in the last year alone, and a further 18% increase...
View articleThe Office for National Statistics reported that inflation in the UK dropped to 7.9% in June Read More...
View articleAccording to the senior Conservative, the Tory party must have one eye on the next general election in deciding the future of the off-payroll working ...
View article23% of business owners having hastened their plans to either sell or wind down their businesses Read More...
View article