Infrastructure Ontario (IO) has released it´s annual Market Update that confirms the Government's plan to invest in public-private partnership (P3) infrastructure projects.
This year’s list confirms a number of new commitments made by the Ontario Government in its spring 2019 budget and during other announcements, including the Ontario Line and Toronto subway expansions. It includes a total of 32 P3 projects with 10 of these currently in procurement, and 22 in the pre-transaction phase.
The total estimated capital costs of the projects in the pipeline, including projects in pre-transaction and the transaction phase, is over CAD 65 billion (USD 49.25 billion). This is the largest project pipeline that IO has ever issued.
The list includes subways and transit projects, hospitals and other social facilities. The list is divided into project in Pre-Procurement, Projects in Active Procurement and Projects in Planning. Among the projects in planning, there are projects in Health sector, subway sector and a highway.
The whole list of projects can be found here.