Abstract
This article investigates the outcomes in terms of the cost to both the taxpayer and road users of using private finance to build and operate the Dartford crossings and the Skye bridge. It provides the detailed financial evidence that confirms the broader international experience that the use of private finance in public infrastructure requires considerable political subventions to make projects financially viable. © 2011 The Authors.
Original language | English |
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Pages (from-to) | 51-58 |
Number of pages | 7 |
Journal | Public Money and Management |
Volume | 31 |
Issue number | 1 |
DOIs | |
Publication status | Published - Jan 2011 |
Keywords
- public private partnerships, cost of finance,