Private Investment in Transport Infrastructure: Dealing with Uncertainty in Contracts

The public sector often tries to transfer risk to the private sector for major transport projects through the Public Private Partnership (PPP) mechanism. But there's a price to be paid for that. Is it too much? Is it worth it? How can risk be priced more efficiently and shared most effectively?

I and several colleagues on a working group for the OECD's International Transport Forum have been discussing and reporting on these issues and others related to it over the last couple of years. Now the time has finally come to launch it in Paris on Friday 22nd June, and I am looking forward to some lively discussion as a panel member at the launch event.

If you are lucky enough you can attend the (free) conference, though I hear it may well be fully-booked now. You can, however also watch it live on OECD TV and/or download the report.

Congratulations to Dejan Makov?ek of the (ITF) and Stephen Alchin, Executive Director of Infrastructure Australia on completing this ambitious and valuable piece of work.