A Different Kind of Partnership – An Infrastructure Performance Stock Exchange

Typically, public–private partnerships are constrained to be ‘mega’ construction projects and long-term arrangements. This paper introduces a practical mechanism for a novel public–private partnership modelled on the concepts of market trading (i.e. stock exchange). The ultimate mega project is the management of an entire infrastructure asset network by a government agency (federal, provincial, local, etc.). Hundreds of billions of dollars are …