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 OZschwitz Private sector seeks to build more roads

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RR Phantom

RR Phantom

Location : Wasted Space
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OZschwitz Private sector seeks to build more roads Vide
PostSubject: OZschwitz Private sector seeks to build more roads   OZschwitz Private sector seeks to build more roads Icon_minitimeThu Jul 10, 2014 9:23 pm

Transurban chief executive Scott Charlton has called on governments to allow the private sector to build more roads, arguing governments should not be the default provider of new infrastructure.

OZschwitz Private sector seeks to build more roads SG_729_private-20140710191119482282-620x349

''It makes sense to test the private sector,'' Mr Charlton told Fairfax Media. ''Just because we might have a windfall gain from the privatisation of poles and wires doesn't mean the government is best placed to deliver [infrastructure] on the other side.''

Mr Charlton's comments were made to The Australian Financial Review'sBOSS magazine.

The NSW and Queensland governments are planning to privatise their electricity transmission networks, raising billions of dollars to spend on roads and other infrastructure. Typically, governments oversee the construction of new networks, such as NSW's $11 billion WestConnex motorway.

Construction of the road is due to start in 2015 and the government is considering bids from local and international contractors.

http://www.smh.com.au/business/private-sector-plea-to-build-more-roads-20140710-3bq5l.html
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