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Private cash no panacea for US$1 trillion Trump rebuilding plan

US politicians' reluctance to enter into public-private partnerships stems from political, financial roadblocks

Published Tue, Jun 6, 2017 · 09:50 PM
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London

TAPPING private money to rebuild America's decrepit infrastructure, the linchpin of President Donald Trump's US$1 trillion vision, would be a no-brainer in large parts of the world. Putting capital from the likes of Goldman Sachs Group Inc and Blackstone Group LP to work on roads, railways and airports has been commonplace globally since the 1990s.

In the US, not so much.

"The private-sector pe…

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