3 Ps in a Pod

Politics and infrastructure often go hand-in-hand. As major legislation comes up for reauthorization, this year’s Infrastructure Week offered an important opportunity to impress upon Congress what the industry would like to see it do. The conversation considers:Reasons to be hopeful for the industryHow the infrastructure community is driving the narrativeWhat needs to happen nextWhat are the levels of competition like in the North American P3 market?

There was a lot to come out of last week’s Commons public accounts committee meeting, not least a feeling that a new programme of privately financed infrastructure is now almost certain. The team discuss:The mood in the room at the committee meetingWhat are the lessons that the Treasury believes have been learned?How excited should the industry get?

The team turn their attention to the recent elections held in some key markets around the world. They discuss:How Mark Carney’s Liberals will approach a fourth term in office in Canada, with a promise to renew the country’s infrastructureThe recent Australian federal election result, with Anthony Albanese’s Labor Party also holding onto powerWhy the UK’s local election results raise the stakes for the central government’s Infrastructure Strategy

The team reflect on the recent Partnerships Awards held in LondonHaving recently hosted the latest edition of the Partnerships Awards in London, the team reflect on the atmosphere, with the event coming just a few weeks - and a few miles - away from the UK government’s Spending Review and Infrastructure Strategy announcements.They also consider some of the winners, and what their victories can tell the market about the future direction of the PPP industry.

John Porcari discusses:The increasing complexity of P3 dealsHow freight is an emerging market for the P3 sectorThe impact of tariffs on the P3 industryDealing with the politics of infrastructure

Jonathan reports back from his time in Dallas at the P3C conference, taking place in the week that the Trump administration launched its tariffs plan. We discuss: The overall mood of the market given the wider economic landscapeOpportunities in the transportation market and why there is reason to be optimisticWhat to expect in 2025 from an evolving marketViews from our roundtable on the energy sector, hosted in conjunction with the Global Infrastructure Investor Association (GIIA)

Alicia Buller speaks to Plenary’s Moustafa Fahour about opportunities in the Middle East. They discuss:The impact of ADQ’s recent 49% stake in Plenary and the opportunity for growth that it createsThe maturing PPP market in the Gulf Key infrastructure markets throughout the regionThe ingredients that make Plenary take an interest in a particular marketInnovative approaches to procurements 

Paul and Jonathan take a closer look at the recent Infrastructure Investment Summit in New Zealand, where a host of new projects were announced and promises of investment were made. They review:What the world can learn from New Zealand’s approachHow the market is reacting to itWhether the political equilibrium will holdWhat we might expect from the UK as it prepares its own strategy for infrastructure

Newly installed Canadian Prime Minister Mark Carney has called a General Election. Things have changed considerably since former Prime Minister Justin Trudeau stood down a little over a month ago, so there is a lot to consider, including:What did Mark Carney say about infrastructure and investment in his leadership manifesto?What has happened to the campaign of his main rival, Pierre Poilievre and the Conservative Party?How has US President Donald Trump influenced Canadian politics?Then, from 11:35 minutes in, we turn to the US and discuss:Trump's impact on the P3 marketWhat does the future hold for federal programs such as private activity bonds (PABs) and TIFIA?How states are responding and the rise of state-level enabling legislation