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Donald Trump

WASHINGTON, DC–A few weeks ago, President Donald Trump told lawmakers he had changed his mind about the structure of his $1-trillion infrastructure investment plan. Previously the plan was contingent on private sector participation; now, President Trump reportedly said, he didn’t want to take that route. The reason? Certain partnerships between the private sector and federal government just don’t work.

GlobeSt.com spoke with a number of experts in this area and the consensus is this: the president is correct — at best, the reviews are mixed for public-private partnerships for infrastructure projects in which the federal government takes the lead. Instead, most experts agreed P3 projects work best with the state or local jurisdiction heading the project.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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