We've heard several times from proponents of public-private partnerships that some infrastructure projects lend themselves to private investment and others don't. I've been trying to get to the bottom of what distinguishes these two groups of infrastructure projects. From what I can tell, the private sector is essentially picking off the projects that have the potential to generate returns, leaving other projects to the public sector, those that don't lend themselves to privatization. Is that a fair assessment? How do you distinguish between those two groups of projects?
On May 16th, 2023. See this statement in context.