Innovative Infrastructure? Don't Sell the Trump Plan Short.
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Title : Innovative Infrastructure? Don't Sell the Trump Plan Short.
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Title : Innovative Infrastructure? Don't Sell the Trump Plan Short.
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news-today.world | In its call for 'transformative' projects, it has some ideas that are worth paying attention to.
There is plenty to debate about the Trump administration's $1.5 trillion, 10-year infrastructure plan. What form it might take when -- and if -- it emerges from Congress is anyone's guess. But one of the more forward-leading aspects of the White House proposal, the Transformative Projects Program (TPP), deserves special attention. That's because TPP has the potential to foster stronger financial cooperation between the private and public sectors, create processing efficiencies, and increase innovation for service-related infrastructural projects.
There is plenty to debate about the Trump administration's $1.5 trillion, 10-year infrastructure plan. What form it might take when -- and if -- it emerges from Congress is anyone's guess. But one of the more forward-leading aspects of the White House proposal, the Transformative Projects Program (TPP), deserves special attention. That's because TPP has the potential to foster stronger financial cooperation between the private and public sectors, create processing efficiencies, and increase innovation for service-related infrastructural projects.
The White House plan would allocate $20 billion under TPP to what it describes as "bold, innovative, and transformative infrastructure projects" that pose "significantly more risk than standard infrastructure projects, but offer a much larger reward profile."
In primarily targeting the transportation, water, energy, space and broadband sectors, the Trump plan says the projects must be "commercially viable" while also "significantly improving performance, from the perspective of availability, safety, reliability, frequency, and service speed" and "substantially reducing user costs for services."
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In primarily targeting the transportation, water, energy, space and broadband sectors, the Trump plan says the projects must be "commercially viable" while also "significantly improving performance, from the perspective of availability, safety, reliability, frequency, and service speed" and "substantially reducing user costs for services."
More
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