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Hearing

The International Experience with Public-Private Partnerships

2167 Rayburn House Office Building

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0 Tuesday, April 08, 2014 @ 10:00 | Contact: Jim Billimoria 202-225-9446

This is a hearing of the Panel on Public-Private Partnerships, chaired by U.S. Rep. John J. Duncan, Jr. (R-TN).

Summary of Subject Matter
Official Hearing Transcript

Witness List:

  • The Honorable John Delaney, United States Representative, Maryland
  • Dr. Larry Blain, Chairman of the Board of Directors, Partnerships British Columbia | Written Testimony
  • Mr. David Morley, Vice President, Business and Government Strategy, Infrastructure Ontario | Written Testimony
  • Mr. Cherian George, Managing Director – Americas, Global Infrastructure & Project Finance, Fitch Ratings | Written Testimony
  • Dr. Matti Siemiatycki, Associate Professor, Geography and Program in Planning, University of Toronto | Written Testimony

    • Chairman John J. Duncan, Jr. (R-TN)
    Panel on Public-Private Partnerships
    Hearing on “The International Experience with Public-Private Partnerships”

    April 8, 2014
    Opening Statement
    (Remarks as Prepared)

    This is the fourth event of the Panel on Public-Private Partnerships.  We have investigated public-private partnership case studies, we have looked at the role they play in our highway and transit systems, and we have investigated their emerging role in the delivery of water systems.

    We have had good discussions about the benefits public-private partnerships can provide, but we’ve also had frank discussions about the pitfalls and challenges these complex arrangements can carry.

    The use of public-private partnerships in this country is fairly recent.   However, many other countries have a much more extensive history of partnering with the private sector to deliver infrastructure projects.

    In fact, one of the leading countries is just to the north of us.  Over the last two decades, Canada has become one of the most advanced and active markets for public-private partnerships. 

    To date, there have been more than 200 projects that are operational, under construction, or in procurement.  We will hear about the Canadian experience, along with testimony on the global trends in public-private partnerships.

    This country can learn from other countries’ experience in how to identify projects well-suited for a public-private partnership, and how to structure arrangements that protect the public interest.

    I want to welcome our distinguished witnesses and thank them for testifying today.

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