Toll road concessions in Obama's infrastructure stimulus package?

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Toll road concessions in Obama's infrastructure stimulus package? Investor groups interested in tollroad concessions are putting their pitch in Washington DC for equity to play a major role in reviving the economy. They say $180 billion is available for public private partnerships that could generate between 600k and 2m jobs in the US.The effort is coordinated by Kearsarge Global Advisors and includes Abertis, Babcock & Brown, Barclays Capital, Chadbourne & Parke, Citi Infrastructures, Credit Suisse, Debevoise & Plimpton, Freshfields Bruckhaus Deringer, Fulbright & Jaworski, McKenna Long & Aldridge, Merrill Lynch, Morgan Stanley, RBC Capital Markets, Scotia Capital, RREEF, and UBS.Following you can see a presentation this group has elaborated to point out the main advantages of private investment in infrastructure.The group is arguing for:
  • - tying stimulus funds to private capital involvement
  • - expanding P3 opportunities in tolling
  • - creating a national standard for P3s
  • - increasing capital and flexibility for PABs (private activity bonds) and TIFIA
  • - exemption of PABs from alternative minimum tax
  • - creation of a national infrastructure bank
  • - facilitate a AAA/Aaa bond guarantor for infrastructure

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