Study rips flaws in PA Turnpike deal

A new report picks apart the unsuccessful effort last year to lease the Pennsylvania Turnpike to private investors -- illustrating the good and not-so-good elements of using large scale public-private partnerships to fund roadway infrastructure. "If states want to compete economically, they need sound infrastructure that helps businesses thrive and improves residents' quality of life," said Susan Urahn, managing director of the Pew Center on the States, which compiled the report. "The failure of the Pennsylvania Turnpike lease proposal offers important lessons because private capital is likely to play a growing role ...

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November 2009

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