PPP

A Democratic congressman questioned the role P3s will play in the Trump administration during the infra committee’s first meeting.

Former Mexican President Vicente Fox scored a historic presidential victory in 2000, bringing the National Action Party to power and ending 71 years of uninterrupted rule by the Institutional Revolutionary Party. Ahead of his appearance at our Global Summit 2017, Fox explains how Mexico’s energy reform can end decades of low growth and what the country can do to protect itself from a trade war with the US.

Among the projects the country will seek private financing for is the $6.6bn Metro Line 3 expansion scheme in Lima.

The country is showing goodwill after scrapping a tie-up with Singapore’s Changi Airport last year, which led it to relax foreign takeover rules.

After a year of delay, the Southeast Asian country has decided to roll out each of the five projects individually.

Neither the Republicans nor the Democrats are any closer to establishing how they would fund a total $1trn in US infrastructure investment.

Richard Samans, a board member of the World Economic Forum, thinks development banks would unlock more private capital for infrastructure if they focused on mitigating risks.

The state’s utility hopes to approve a number of large-scale wind projects before federal investment tax credits expire in 2019.

The team, which also includes FCC and Acciona, will be tasked with building one of the largest infrastructure projects in Latin America.

The US airline and bank will redevelop Terminals C and D at LaGuardia Airport, investing around $300m in equity and around $3.6bn of debt financing.