Are We There Yet?
The Importance of Infrastructure and its Delivery
The base of Western wealth
Huge scale projects, some of national
What I am trying to show is that no
country, region or city ever got rich or
was able to forward itself economically
with out offering something in return.
This something usually was based on
There are problems though
“Coasting on Prosperity”
Ernst &Young, 2008.
GFC, Climate Change, Political
The saviour: The Market
Public Private Partnerships
Build Own Operate transfer
40km of road
3.2km of tunnels
Six pedestrian overpasses
On time (5 months ahead of schedule)
Connect East/Thiess John Holland
A great success, but why is the BOOT/PPP
method so good?
“The right thing” and “The thing right” World Bank
High skills of private industry
Low risk for government
High incentive for industry
More can be produced when market is charged
with delivering, what are we missing out on?