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Web of Proceedings - Francis Academic Press

Application of PPP Mode in American Transportation Infrastructure

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DOI: 10.25236/ISMEEM.2019.087

Author(s)

Yanzhen Weng, Jianping Yang

Corresponding Author

Jianping Yang

Abstract

The United States has certain practical experience in the field of infrastructure construction using the PPP model. This paper firstly analyzes the development history and policies of the US PPP project, and then analyzes the application of the PPP model in the US highway project. Third, it analyzes the advantages and disadvantages of the PPP model in the application of the US highway project. Finally, It is suggested that the United States approach provides some useful experience and enlightenment for China to develop PPP mode in the field of transportation infrastructure.

Keywords

Public-private partnership (PPP); the United States; highway; experience and enlightenment