The Concession Model: A Very European Approach to Infrastructure
Developers and contractors, and their partnerships with the state, have a pivotal role to play in the creation of infrastructure in the European Union.
In the convoluted bureaucratic world in which we live, cooperation between the state and private industry can be a challenging subject for citizens to wrestle with. One of the main ways that public-private partnerships are organized is through the concession model.
As the European Commission (EU) describes it:
Concessions are a particularly attractive way of carrying out projects in the public interest when state or local authorities need to mobilise private capital and know-how to supplement scarce public resources.