SmartCitiesWorld discusses the importance of technology in the global recovery from the pandemic and the role public-private partnerships (P3) can play.
Transit Wireless in its recently launched white paper, Infrastructure in Crisis: How P3 can save critical projects in a post-Covid World, contends that the P3s that work most successfully today are those that allow a win for all parties – the government entities, private partners and citizens – at a cost and risk model that is sustainable even during the worst fiscal times.
“It is imperative that when entering a successful PPP, the public entity and the private entity view each other not as parties on opposite sides of the negotiating table, but as partners who work to achieve the overall goals,” says Melinda White, CEO of Transit Wireless.