Reason Foundation’s latest report on public-private partnership investment in transportation infrastructure had both good news and bad news for the industry. The good news in the United States is two-fold. In 2021, global infrastructure investment funds raised a record total of $136 billion. And worldwide, the largest category of their infrastructure investment (at 58%) was transportation. Unfortunately, the bad news was that of the top 15 greenfield transportation public-private partnerships in 2021, only one of the projects, the smallest, was in the United States. And while long-term P3 leases of existing, brownfield, transportation infrastructure continued worldwide, no such transactions were
