I would actually see them as different models on a continuum. You can think of project delivery being on a continuum from greater public sector responsibility to greater private sector responsibility. Traditional build sits at the public end, and full privatization sits at the private end. P3 and the varying degrees of P3 are somewhere in the middle. This is moving closer to the private sector end of the spectrum. What we're going to see, then, is the ways in which the deals are structured, and where the funding is coming from. It's not just about the financing; it's about the funding sources that underpin these types of projects and what role the government is going to play in them.
On May 16th, 2017. See this statement in context.