On the private side of a public-private partnership in high speed, the private side should be responsible for the operation and maintenance of the system and for all things related thereto. I think they could share in the responsibility of the financing of the system. I think the government needs to be responsible for the assembly of the corridor, either directly or indirectly through whatever means it feels is appropriate. It needs to put in place the right institutional structure. I mentioned things like making sure you don't allow a lot of competition in the early days particularly, so you can see a revenue stream coming out of this, as we've done with airports. It probably needs to be the senior partner in the upfront financing of the initial infrastructure.
On May 14th, 2009. See this statement in context.