Bill Mitchell:

As I explain in this blog – Public infrastructure 101 – Part 1 – PPPs are another neo-liberal vehicle for transferring and concentrating public wealth into the private sector.

They can only become cheaper than full public provision at the expense of service quality and in the case of an essential service or infrastructure, the intrinsic risk can never be transferred to the private sector.

Further, they have delivered poor outcomes to date around the world and they effectively transfer the planning of public infrastructure to the private sector who are motivated by profit rather than service delivery.