Can private finance open up new routes for transport infrastructure delivery?
Pension funds, bonds, developers and users are all being touted as possible sources of finance or funding for new transport infrastructure. Andrew Forster reports from a conference held to explore some of the options
The Goverments drive to find new sources of investment for the nation’s transport system was the focus of a Waterfront conference, A new approach to financing transport infrastructure, held at the offices of legal advisers Eversheds in the City last week.
Financing rather than funding was the main focus of the day and, though most delegates understood the difference, Stephen Glaister, director of the RAC Foundation, said the public discussion could sometimes get confused. Funding was...