The Hard Hat Professional

In the modern era, governments should embrace Public-Private Partnerships (P3s) to harness the potential of the private sector. This collaboration brings together funding and expertise to develop innovative solutions for infrastructure challenges. Japjeev Kohli  shares a case study that highlights the significance of public-private partnerships (P3s) in the development of transportation infrastructure. It draws parallels between the early days of automobile adoption and the current era of smart road technologies. Early investors and businesses played a crucial role in paving the way for the first cross-country route, the Lincoln Highway, demonstrating the transformative power of P3s. The author emphasizes the advantages of the private sector in raising capital, experimenting, and devising solutions without direct financial risk to taxpayers. Modern P3s leverage the expertise and funding of the private sector to address infrastructure challenges, such as the I-95 Express Lanes in Northe