Public-private partnerships, or P3s, bring innovation, efficiency and capital to meet the increasing demands on America’s transportation infrastructure system.
P3s allow companies like Cintra to take on traditional public-sector roles such as design, finance, construction, operation, and maintenance of a concession project, while the public sector retains control and ownership of the transportation infrastructure at all times.
Partnering with the private sector enables public entities to transfer risks they typically would assume; gain efficiencies in the design, construction, finance, operation, and maintenance of infrastructure assets; and access alternative funding and financing sources.
Furthermore, P3s afford local communities economic development and job creation opportunities.
P3s take many forms and are customized to meet the specific unique circumstances of each transportation infrastructure project.