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